The Death Of Point-and-Shoot Cameras

The author makes that statement as though this example vindicates him, while the death of console gaming is far from a foregone conclusion (the only way one could present a credible argument for the death of console gaming is by arguing that modern consoles are actually PCs, an argument which is at best a technical red herring).

The observation that "hey, phone cameras are pretty nice these days" isn't novel or bold, and it's not a Holmsean tour-de-force to extrapolate the declining point-and-shoot market. This is sort of like writing an article in 2003 saying "if you're a camera manufacturer who relies on 35mm film cameras to stay afloat, you should be worried as hell".

You're point is valid, though not exactly contrarian. The decline of point and shoots became pretty obvious when the iphone 3g was released. I'm sure this is why every manufacturer has been diversifying their lineups away from point and shoots over the last 5 years. Sony released a full SLR lineup, including lenses. Olympus has been producing very high quality mirrorless bodies (not exactly point and shoots) for a few years now. Even Fujifilm has followed suit. Nikon and Canon, who probably generate a lot of revenue from p&s sales, have been widely diversified for decades.

--edit-- heres another list: http://bighugelabs.com/topcameras.php