Some more stats on the global camera market:
* Total cameras produced - 2010: 121 Million; 2016: 23 Million (Ouch!)
* Expected sales of compacts in 2017: 10 Million (vs. 1.5 billion smartphones sold in 2016)
* Mirrorless are stagnant at around 3 Million per year
Projections
* Higher prices and market will shift to professional segment
* Less innovation because there's less money to invest
* Other manufacturers will announce layoffs just like Nikon
* We can say goodbye to another, or several, manufacturers by the end of the decade
* Cameras are only for old people - can I get a tax rebate as a senior citizen?
It is possible that the golden age of the personal still camera is behind us. Unless the market rebounds after the phone market gets saturated. Seems unlikely but we can hope.