traveller said:
In the absence of any insider knowledge, I think we'll have to agree to disagree on this.
Their meetings, no.. but I have been in many design meetings (and full cycle) for embedded systems for product lines that have multiple price points and use cases. I am skeptical that Canon and Nikon somehow skip such a common and vital process or are somehow exempt from the pressures that lead to it.
You think that Canon and Nikon have tailored their products to different markets, I believe that differences in specification are more an outcome of decisions that they made to sell more units to the type of people that buy cameras at this price point. Unless Canon and Nikon actually release the minutes of their design team meetings, I don't think we'll ever know what the exact decision making process was.
The thing is, there is no universal market of 'people who buy cameras at a particular price point' since people use cameras for different things. Otherwise they would have produced cameras that were much closer in specification since neither team are dummies and they are not going to go 'well, people with X amount of money want Y, so we will make Z instead!'.
That is like saying 'there are people who buy cars at a specific price point' and then comparing a SUV to a sports car simply because they cost about the same amount.