Does sensor size still make a difference?

We've seen huge breakthroughs in the computational photography techniques in the latest smartphones, as well as the launch of some excellent small sensors in more traditional cameras. Does that mean that bigger is no longer necessarily better? To answer that question, let's look at why big sensors tend to produce better image quality and what smaller-sensored cameras and smartphones are doing to close the gap. Benefits of larger sensors The three main benefits that prompt people to move to large...