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Cameraphone Sales Up By Nearly 500%

The cameraphone market overtook the digital compact camera market, which amounted to 49 million units worldwide.

Pictures taken with a mobile phone are of much lower quality than those snapped with digital cameras, in part due to less advanced light sensor chips.

Mobile phones are also too small to contain lenses that can zoom and focus, although phones with such lenses could be on the market in the next few years.

Read more at CNN/Money