This came to my mind after seeing a nikon cool pix. 

These days the consumer base is dominated by millennials with their lousy iPhones.

This means no consumer will buy point and shoot cameras because their smartphone can do everything the point and shoots can't do because every phone have all the connectivity features you can imagine.

Point and shoot cameras don't have any advantages other that not draining your phones battery also they don't have forward facing screen for your selfies which makes up for the 90 percent of all the photography while other 10 percent is mirror photos in the gym. 

So why the hell these cameras are being made even though nobody buys them?