Back in the day when our phones did not come with cameras, the need for dedicated cameras, whether it be a cheap compact or a professional DSLR, were still needed. These days our smartphones are more than capable of taking impressive shots, leading some camera manufacturers, such as Nikon, to express their concern over how the compact camera market is shrinking. Well it looks like Nikon's fears weren't unfounded thanks to a new report by CIPA (Camera and Imaging Products Association).
Ubergizmo , Compact Camera Shipments Down By 42.7% According To CIPA Report, Compact Camera Shipments Down By 42.7% According To CIPA Report