CNBC ran this short segment a couple days ago in which they invited CNET’s Dan Ackerman to explain the changing landscape in the digital camera industry. He thinks point-and-shoot cameras may soon become extinct due to the rise of camera-equipped phones, but also that DSLRs are the cameras here to stay. A recent study found that phones have replaced digital cameras completely for 44% of consumers, and that number seems bound to rise as the cameras on phones continue to improve.
My guess is that in five years, we’ll see digital camera users divided into three camps: mobile phone, interchangeable lens compact, and DSLR. What’s your prediction?
Apple is looking to make an even bigger splash in the camera market with the photography-related features they’ve included in the upcoming iOS 5, with one of the huge ones being cloud connectivity. iPhones running iOS 5 will be connected to iCloud, Apple’s online backup solution, and every photograph captured will be automatically and wirelessly copied to the cloud and into the user’s “Photo Stream”. The photos can then be accessed from other computers and devices, and are deleted after 30 days unless moved to a permanent folder. Read more…
Slate magazine just published an interesting article on David Hobby and his popular blog Strobist, and shared this interesting example of how the photography industry is drastically changing due to low barriers of entry:
To get a sense of just how bad things are for professional photographers right now, the story of Robert Lam is instructive. When Time needed a photo to illustrate its “New Frugality” cover story in late 2009, it purchased Lam’s image of a jar of change from stock-photo agency iStockphoto. The going rate for a Time cover had typically been $3,000 to $10,000. Lam was paid $31.50. Nevertheless, Lam declared, “I am happy”—the payment was more than he’d expected the photo to generate, and he was delighted to have a Time cover in his portfolio. Veteran professional photographers were livid, calling Lam an “IDIOT,” among other unkind words.
The article also mentions how Robert Lam earns just $4,000 from his stock photography hobby, and that the Time cover photo was shot using DIY equipment purchased from a local sign store. What are your thoughts on the changing landscape for professional photographers?