Kodak and other camera makers should note this photo:
I see people taking photos with five iPhones in this picture: not a camera amongst the lot. Indeed, it is a misnomer to call the iPhone a “Phone”, for it really is a computer. It can make phone calls, take photos, run games…you name it, it will be able to do most of it.
I think there will still be specialty devices, but they will be for niches, not the mainstream. Right now the mainstream is looking like this photo here (from TPM Photo Galleries)