Canon Reportedly Discontinues a Popular PowerShot Camera

Canon recently revived its PowerShot lineup with the PowerShot V1, which became an instant hit amongst many young and old users of the company. This was a great move, considering how compact cameras have been gaining traction across the world, particularly in Japan and the United States. While it was a welcome change, it now appears that Canon has discontinued a popular PowerShot model. Why? Let's find out.