Tablets and smartphones continue to outsell single-purpose portable electronics such as handheld game consoles, music players, and GPS navigational systems. According to market research firm IHS iSuppli, the digital camera can now be added to the list of standalone devices that will soon become overpowered by multipurpose devices like the iPhone.
After all, the iPhone 4 has become the most commonly used camera on Flickr and can take fairly decent shots followed up with impressive editing functionality available depending on the software that you install on your device. IHS iSuppli predicts that digital camera sales will begin to decline beginning later this year. (more…)