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

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)

More...