The way i see this whole thing. (your opinion may vary)
Yes, Canon are pricing themselves out of the market by trying to cover the losses of their other less successful areas of business, such as say the printer department etc.
They have relied on P&S cameras for way too long.
They need to realise that mobile phones are going to replace point and shoots for a majority of the market. The way to rectify this problem is not to flood the marked with cheap nasty point and shoots but provide a few models for those few that still want them.
Similar can be said about the Digital Compacts.
They need to work out where they are going with this line? The G1X, G15, G12, SX40HS?
These are cameras that need to be a single line, not multiple versions of the same thing but this one has less blue tint or this ones flash is 10% brighter. Stuff the average consumer wont really care about.
EOS M range.
A step in the right direction but is it too little too late?
Why couldn't they have taken the G1X line and this line and made a single all round great Digital Mirrorless Compact?
Then there is the EOS range of DSLRs.
They need to make a decision where they are planning on going with this range.
As the way it stands at the moment there is way too many models to choose from and none of them really satisfy what the customers really want.
1DX is a great Journalistic camera but where is the 1Ds high MP replacement?
5D3 is a great Landscape/Low Light camera so why do we really need a 6D? why couldnt they have just dropped the price of the 5D3 and sold a hell of a lot more cameras?
How many models of the rebels do we really need?
...and while we are at it, what is the point of the 60D? why wasn't the 6D turned into the new 70D?(same plastic body etc not a 5D2 replacement that isn't quite as good) especially if the XXXD models are basically the same sensor/tech as the 60D is.
Then this rolls into the EOS Cinema.
Why is the 1DC so freaking expensive for firmware tweaks (and i know they claim it was completely new blah blah blah, but lets be honest if you are going to try and sell a $15K camera would you admit that its basically the same as its $7k twin brother?)
The C100 is overpriced for the market they are aiming at. at the same time the C300 is crippled for the market they are aiming at. (at least add 60p frame rates)
They need to have someone come in and decide lets cut the bulk and streamline this product line up.