Nikon has pulled the wraps off a new digital camera today called the P7000. The new camera is a high-end point-and-shoot for the advanced user that might want a smaller camera than a DSLR to take sometimes.

The camera has 10.1MP image sensors and a 7.1x optical zoom lens with ED glass elements. The rear LCD is a 3-inch 9201K dot unit and the camera has an optical viewfinder. The P7000 can shoot 720p HD video with stereo sound and has an HDMI output. The lens has 5-way vibration reduction image stabilization.

The camera has a number of automatic features and integrated flash. Continuous shooting at 1.3 fps can be done for up to 45 images in a row. The camera has a macro mode and measures 3.8″ x 2.4″ x 0.8″ and weighs 4.9-ounces without the battery and SD/SDHC card for storing images. The camera is expected to sell for around $500.

Nikon (PDF)