[Imaging Resource] Olympus to kill off point-and-shoot camera line

[RSSBot]

In a move that probably surprises very few, Olympus says it will axe its low-priced, point-and-shoot digital camera line. Olympus' decision to get rid of its V series of cheap, compact cameras, comes in response to the continuing erosion of the category due to increased competition from app-happy smart phones with built-in cameras. While Olympus' V-series cameras typically sell for under $200, they've had trouble competing with smart phones (though which point-and-shoot models haven't?), which allow the user to instantly share...
(read more) (http://www.imaging-resource.com/news/2013/05/16/olympus-to-kill-off-point-and-shoot-camera-line)

More... (http://www.imaging-resource.com/news/2013/05/16/olympus-to-kill-off-point-and-shoot-camera-line)