The REAL reason why the low-end is dying (apart from cellphones) and the companies are offering higher-end (or simply raising prices, like Nikon) is they are going after a growing upper-middle class and ignoring the shrinking middle class. This is not confined to cameras, many companies are following the same course.
How to save the consumer camera: DON'T!
In: Cameras
Posted
The REAL reason why the low-end is dying (apart from cellphones) and the companies are offering higher-end (or simply raising prices, like Nikon) is they are going after a growing upper-middle class and ignoring the shrinking middle class. This is not confined to cameras, many companies are following the same course.