When Sigma released its SD1 DSLR with its fancy Foveon sensor last year, many photographers balked at the camera’s $9,700 price tag. Now, perhaps due to the launch of a new generation of Canon and Nikon DSLRs, Sigma is rethinking the camera’s price. In a press release put out today, the company announced that the camera will be re-launched the Sigma SD1 Merrill — named in honor of Foveon co-creator Richard “Dick” Merrill.

However, even with this revolutionary image sensor, we could not solve issues related to some of the manufacturing methods before the start of mass production, and the production cost ended up substantially exceeding our originally expected price. As a result, we had no choice but to set the price of the Sigma SD1 high. This caused great discouragement to all of you who looked forward to its release, and wished to experience the very unique image quality of the Sigma SD1 in person; this has become our biggest disappointment and pain.

Since then, overcoming this situation has become the first priority for us and Foveon, and we have together made improvements to reduce production cost substantially. Even though this effort took nearly a year, at last, we achieved a reduction target close to the price we originally planned. Therefore, we decided to release Sigma SD1 as a new product

The company has decided to lop off a whopping $6,400 from the MSRP, meaning the camera is now priced at $3,300. It was selling in stores for $6,899 before, so the new “street price” will likely be around $2,300.

(via BusinessWire via Photo Rumors)

Image credit: SIGMA SD1 front 01 by HAMACHI!

Apple’s tiny iPod Nano may soon be rejoining the ranks of Apple products that offer picture-taking capabilities. Photos have emerged on the Internet showing what appears to be the seventh-generation iPod Nano with a camera built into the clip on the back. It’s rumored to be a 1.3-megapixel camera, though Apple may also be looking into a 2-megapixel version as well. A patent filed by the company near the end of 2009 shows illustrations that resemble what’s seen in these photos.

(via Apple.pro via Engadget)

Pentax is on the verge of announcing a new mirrorless camera called the K-01. It’ll be a K-mount camera with the same 16.3MP sensor as the K-5, and will come with a crazy 40mm lens that’s less than 1cm thick (it looks more like a body cap). It’ll feature a 3-inch LCD screen, HD video recording, a pop-up flash, and a design by famous industrial designer Marc Newson. The camera will reportedly be unveiled officially tomorrow at a launch event in London.

(via Pentax Forums via Mirrorless Rumors)

A clearer picture is emerging of what the Fujifilm X-Pro1 will cost when it’s finally on store shelves. The camera is now available for preorder over on Amazon Japan for the price of ¥135,000 (~$1,743). This suggests that the US price will be in the range of $1,600-$1,700. The lenses will likely be in the range of $600-$700 each. A PDF version of the owner’s manual has also been released, and should be interesting to anyone who wants a closer look at how the camera works.

(via Photo Rumors)

Wells Fargo Advisors is becoming a pretty reliable source for news regarding cameras before they’re actually announced. Just weeks after the Fujifilm X-Pro1 and Nikon D4 were announced early by the service, the soon-to-be-announced Olympus OM-D camera is now semi-official as well. The wire confirms that Olympus will be reviving its old OM brand for SLR cameras through a new line of mirrorless interchangeable lens cameras, and that the camera will sell for over ¥100000 (~$1300) in Japan. It also states that the new camera will resemble the Olympus OM-1 film SLR camera — originally launched in 1973 — and be equipped with high-speed autofocus (rumored to be the fastest of all mirrorless cameras) and image stabilization.

(via Wells Fargo Advisors via Photo Rumors)

Update: To clear up any confusion: Wells Fargo Advisors doesn’t write the news, but simply publishes press releases received from a third party. In this case, the press release wasn’t published before it was supposed to — it’s simply a Japanese news source confirming that it had also heard about the new camera and upcoming announcement.

We’re about three weeks away from the rumored February 8th unveiling of the Olympus OM-D — a new Micro Four Thirds camera designed in the style of old school Olympus OM SLRs. The mockup above shows what the camera might look like based on the latest spec rumors. The 16MP camera will reportedly offer ISO 200-25600, a grip and a leather-covered surface, built-in flash, in-body image stabilization, a 610000-dot swiveling LCD screen, and speedy autofocus

(via blog.livedoor.jp via 43 Rumors)

For his project Vanishing Cultures, photographer Dennis Manarchy is traveling around the country documenting various cultures with a one-of-a-kind, 35-foot-long camera called “Eye of America”. Styled like an old fashioned large format camera, it’s so large that a person can work comfortably inside it. The negatives measure 6×4.5 feet, and are so large that windows must be used as lightboxes to examine them. The detail in a portrait subjects’ eyeball alone is a thousand times greater than what you get with the average negative. Resulting portraits will be featured on prints 2 stories tall.

Here’s an introduction to the camera:

…and an introduction to the project:

Vanishing Cultures (via Film’s Not Dead via ISO 1200)

Update: Manarchy is currently raising funds for the project via Kickstarter.

There might be a giant corporate scandal hovering over its head, but that’s not stopping Olympus from planning big things for its digital camera lineup. The company has placed a giant full page advertisement in Amateur Photographer magazine with the headline “OH MY GOODNESS!”. 43 Rumors is reporting that the company will be announcing a new Micro Four Thirds camera around February 8th that’s part of the 40-year-old OM camera lineup — in other words, a digital mirrorless camera that’s beautifully retro-styled. A trademark application filed on January 3rd indicates that camera will be called the Olympus OM-D (D as in digital). Watch out Fujifilm: Olympus is coming for you!

(via 43 Rumors)

Image credit: Olympus OM-1n by Attila con la cámara

dpreview has published an in-depth hands-on preview of the new Fujifilm X-Pro1. The image above shows the camera next to a Leica M9-P digital rangefinder, which costs about $8,000 — body only.

It’s not rocket science to work out who Fujifilm are really gunning for – the X-Pro1′s similarity to the Leica M9 demonstrates the company’s refound confidence, having already placed the X100 squarely up against the Leica X1. It’s pretty clear that Fujifilm very much sees the X-Pro1, with its hybrid viewfinder and infinitely-variable framelines, as the modern autofocus reincarnation of the classic rangefinder. Let’s not forget that the company is no stranger to the high-end professional market – it may have had a hiatus of several years, but made a wide range of medium format film cameras.

They also have side-by-side comparisons with other cameras as well.

Fujifilm X-Pro1 Hands-on Preview [Digital Photography Review]

Image credit: Composite photograph by Digital Photography Review

Here’s a hands-on tour of the new Fujifilm X-Pro1 that was announced yesterday — a gorgeous camera that has the photo world buzzing with excitement. There’s been a lot of speculation on the camera’s price, which hasn’t been announced, with most sources reporting that it will be in the range of $1,600-$1,700.

A couple more hands-on videos published yesterday: