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<p>There are couple of reports today saying that Canon plans to leave the sub $200 compact point and shoot market. The segment has been decimated by smartphones over the last 3-5 years and sales are no where near what they were.</p>
<p>The move makes a lot of sense, Canon would be better suited putting development dollars into DSLRs, lenses, advanced compacts and the Cinema EOS lines.</p>
<p>Source: [<a href="http://translate.google.com/translate?sl=ja&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdigicame-info.com%2F2014%2F02%2Fpost-570.html" target="_blank">DCI</a>] via [<a href="http://photorumors.com/2014/02/24/canon-is-considering-to-withdraw-from-the-low-priced-compact-digital-camera-market/" target="_blank">PR</a>]</p>
<p><strong><span style="color: #ff0000;">c</span>r</strong></p>