Canon PowerShot TX1 Shoots 720p HD, 7.1MP Stills

Click to viewCanon introduced its PowerShot TX1 digital camera, a multitasking little sucker that's about the size of a deck of cards. It can shoot both 7.1-megapixel stills and 720p high-definition video in 16:9 format at 30 frames per second, recording its image data on SD memory cards, higher-capacity SDHC cards, MultiMedia and MMCplus cards. It has an LCD viewscreen that swivels out like a camcorder, and uses an improved Digic III image processor that Canon says contributes to faster startup, improved image quality and extended battery life.

The camera has component outputs for playing that 720p footage on an HDTV, and its MovieSnap feature also lets you grab frames from the HDTV footage for use as stills. It looks like Canon didn't skimp on the still-camera capabilities, either, helping you hold its retractable 10x optical zoom lens steady with optical image stabilization that shifts the lens to compensate for unwanted camera movement.

Take the jump for pricing on the TX1, as well as more high-rez pictures:

Canon PowerShot TX1 Shoots 720p HD, 7.1MP Stills

Canon PowerShot TX1 Shoots 720p HD, 7.1MP Stills

Canon's $499.99 price for the TX1 is apparently aimed to undercut the $699 Sanyo Xacti HD2 flash-based HD camcorder, while both have the same megapixel count and 10x zoom lenses. Canon says the TX1 will ship next month.

Press Release [Canon USA, Inc.]