Canon’s got a handful of incremental updates to detail today, including a selection of Power-shot point-and-shoots. The cost of the PowerShot G16 was recorded highest among them i.e. $550. This product, which is going to launch in October has replaced last year’s G15 and includes a 12.1-megapixel CMOS sensor, DIGIC 6 processor, 5x 28-140mm f/1.8-2.8 optical zoom lens and 1080/60p …