Canon Powershot Smartphone

Feb 28, 2013
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With Panasonic finally coming to market with the Lumix CM1 with 20MP 1" sensor, 10.2mm fixed lens, 4K video, 16GB on-board storage and slot for additional storage plus the ability to mount a filter holder like the Lee Seven5 system with an Android smart phone to boot to load to Facebook, Flickr etc instantly and apps. should Canon use say the 1" sensor it has in the G7X to do something similar and address the lost point & shoot market.
 
Canon will wait and see if such a contraption actually sells before investing millions of dollars on one. They are very conservative about jumping into a new market. They continue to make a reasonable profit, while Panasonic is desperate and throwing everything they can thing of at the wall to see if it sticks.
 
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I wonder how big the market would be... Cell phones are already good enough quality for the masses, and those that really want quality and know better reach for a DSLR.... after all, the P/S market is seriously declining... How much room is there in the middle for a compromise camera?
 
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