Hat Tip: DP Review
Sony has just announced that it is dropping the MSRP on the Cyber-shot DSC-RX10 from $1299 to $998. (A $301 price drop.)
It hasn't announced whether this is a permanent or temporary price drop, but given the recent introduction of the Panasonic Lumix DMC--FX1000 it's most likely a permanent price drop. The Lumix offers similar features and has a MSRP of $899.
Canon just can't charge $300 more for the RX10 given the similarity between the two cameras.
According to the DP Review of the Panasonic Lumix, the Canon does seem to be constructed a little more sturdy which could justify a slight price difference.
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