If the camera industry doesn't change quickly, it will die.
Sound like an overstatement? Maybe. But canaries are gasping from deep in this coal mine: operations like Kodak, with a history deep in the print-processing business, were the first to go.
Smart camera manufacturers like Canon and Nikon will continue to sell--and delight photographers with--high-end dSLR cameras, especially as full-frame digital cameras become more and more accessible to those of us (like me) who fancy ourselves decent photographers but have no formal photo training.
As anyone with a high-end smartphone knows, however, the point-and-shoot can't compete for long with the likes of the iPhone 4S camera, especially considering the creative outlet apps extend to the smartphone camera.
Thanks to fantastic post-production software (Instagram, Tilt Shift Gen) and built-in social outlets (Facebook, Twitter, Path), smartphone camera dominance is a no-brainer. (Want some super-dry reading? Canon's Q4 2011 earnings call explains that the company hit its dLSR earnings targets, but not for point-and-shoots.)… Read more