Apple Thoughts: New iPod Touch To Do Video, Also?

"Like most people who’ve had an iPhone 3GS in their hands, we’ve been extremely impressed with the video capabilities of this little device. Not only Does it take near-HD video, it has excellent basic editing software and video can be uploaded to YouTube over Wifi or the cell networks. Among other things, it is the most useful video camera in the world today. No wonder the video camera market is shaking in its collective boots. Thank God those iPhones are so expensive, and Apple will only sell 20 million or so of them in 2009. If Apple added cameras to its line of iPods, there would be another 3+million of them hitting the market per month, and the low end of the digital video camera market could be crushed. Uh oh."

The photo above is the one Mike Arrington refers to in his article (from Macrumors). If this is true, it will turn the mini-vidcam market on its ear for some people. There are still going to be some who appreciate the ease of use of the Flip and its many variants, but it's hard to argue that having a camera on your device that shoots good stills and reasonably good video with on-device editing won't at least take a small chunk out of that market.