Canon announces PowerShot SD850 / SD950 IS, S5 IS

We know it's late and you should really be asleep if you're reading this right now, but just in case you were waiting to see if Sunday night / Monday morning had any product launches crop up, here's a few: Canon's new PowerShots, the SD850 / SD950 IS and S5 IS. Sounds like the SD850 / SD950 are the different badges it'll get in the US and overseas, but at the end of the day you've got an 8 megapixel camera with a 4x optical zoom, image stabilization, 1600 ISO sensor, DIGIC III processor, SDHC support, and 2.5-inch display. The PowerShot S5, successor to last year's PowerShot S3, also features an 8 megapixel image stabilized 1600 ISO sensor and 2.5-inch display, but naturally has a 12x optical zoom and hotshoe. They should retail for $400 and $500, but we don't have anything official on that or a release date.

Read - PowerShot S5
Read - SD850 / SD950