« on: February 25, 2014, 03:25:51 AM »
Interesting take by Thom Hogan on this news
Canon more so than any of the other compact camera makers seems to be taking more of a “if you can’t beat them, join them” approach towards smartphones at the moment. Whether that’s enough to keep the rest of their compact line alive remains to be seen.
What Canon’s new compact lineup looks like is this: waterproof cameras, cameras with huge focal length ranges, the N series I just described, and the very high end G1x and G## cameras.
Canon isn’t the first to make a withdrawal at the low end. Fujifilm, Olympus, and Panasonic have already made similar comments, and Casio recently has done the same. Pentax executives have been quoted as saying the company is just concentrating on waterproof and high-end compact cameras, which brings us back to Nikon, the lone hold-out in the model reduction campaign. As it is during the last decade Nikon has gone from being #5 in compacts to #1 in terms of unit volume and are the winners of a what may end up a Pyrrhic victory.
Last one out should close the door. But you have to get out first ;~).