Faltering?

The compact camera market is in free-fall. Outside of specialty gizmos like "ruggedized" cameras that can film underwater or various superzooms, there's hardly a reason to buy a pocket camera for most people these days, given the capabilities of the typical cell cam.

The larger-sensor ILC (interchangeable lens camera) market is cooling, too, albeit at a slightly slower pace. But even freshly-launched, much-hyped offerings from biggies like Canon, Nikon*, and Olympus are featuring incentives to soften the impact of the summer slowdown.

*That $200 discount was fast.