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June 8, 2014 06:58 pm GMT

Canon's Big, Pricey Point-and-Shoot Is Lost in a Mirrorless World

Canon-g1-x-mark-ii-review-1

It's a tough time for a camera company to sell anyone a point-and-shoot camera, let alone one for $799Smartphones are stealing away the low end and affordable mirrorless cameras are eating away at the high end.

Canon, a company that still makes its bread and butter from DSLR sales, apparently didn't get the memo. In spite of changing market trends — declining point-and-shoot sales and booming mirrorless sales — it's decided to release the PowerShot G1 X Mark II, a high-end point-and-shoot successor to the critically-panned G1 X released in 2012.

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Original Link: http://feeds.mashable.com/~r/Mashable/~3/HkVMgb5dLGo/

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