A week after their rival Nikon unveiled their P7000 compact camera for prosumers, Canon is firing back with their newly announced G12. The cameras are pretty similar actually — the G12 has a 10 megapixel sensor, 5x lens, 2.8 inch swiveling LCD screen, a special HDR mode, and (most importantly) 720p HD video recording. It arrives in the beginning of October for $500.
The company also announced the SX30IS at the same time. This camera boasts a crazy 35x zoom (24-840mm), which hasn’t been seen before on a compact camera. It has a 14.1 megapixel sensor, a 2.7 inch swiveling LCD screen, and 720p HD video recording, and is cheaper than the G12 at $430 when it’s out in late September.