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Three new PowerShot cameras will be announce for Photokina shortly, one will be the PowerShot G7 X, which will have a 1″ sensor and be about the size of an S series camera. The second will be the massive zoom range PowerShot SX 60 HS and the third will the PowerShot N2.
The should be arriving with the EOS 7D Mark II and new lenses on Monday.