Point & Shoot Digital Cameras NOT Popular?

According to a news article I just read on Yahoo, the digital camera’s popularity is on the delcine – well, at least the non-SLR variety. It seems as though most people would rather use their smartphones than lug around a separate device. The picture quality of new smartphone offerings is beginning to equal or even surpass that of
many respectable point and shoot cameras. Camera manufacturers and retailers all around the world are feeling the hit, with Sony losing 20% of their camera sales – the largest drop they’ve experienced. I suppose this was to be expected; as cellphone technology progresses, more everyday items are becoming obsolete. Watches are more for show now, MP3 players are littering discount bins across the country, and just when was the last time you used a land line? What do you think? Do you still use your point and shoot digital or have your light photo duties been replaced by your phone?