Nikon V1 with kit zoom for $299 might as well be free (excellent deal for a mirrorless camera w/EVF, great auto-focus; only problem is the lens line up is not yet anywhere near complete). Points out how desperate the camera manufacturers are and how much camera oversupply there is.
I really think that one or more of Sony, Olympus, Ricoh, Pentax, or Samsung will exit the camera business in the next ten years (my prediction would be Olympus even though I love their cameras and Ricoh and perhaps Sony).
Two reasons:
- Too many me too cameras that aren't social cameras, and
- competition from cameraphones which is the only camera that most people will ever buy and use in the near future and cameraphones won't be made by "traditional camera makers"
