Today must be discount day... Nikon has today announced it is cutting the price of the Coolpix 775 to a new low MSRP of $399.95 in addition it is also offering a $100 rebate on purchases of the Coolpix 995. "Nikon today announced a price reduction and a rebate on two of its most popular digital cameras. The Nikon Coolpix 775 will now have a reduced manufacturer's suggested retail price (MSRP) of $399.95 and the Nikon Coolpix 995 will be offered with a $100 manufacturer's rebate." (16:30 GMT)

Press release:

Nikon Price Reductions Just in Time for Pre-Holiday Shopping

Nikon today announced a price reduction and a rebate on two of its most popular digital cameras. The Nikon Coolpix 775 will now have a reduced manufacturer's suggested retail price (MSRP) of $399.95 and the Nikon Coolpix 995 will be offered with a $100 manufacturer's rebate.

The Coolpix 775, with the One-Touch Upload to the Web(TM) Transfer button, is an ultra-compact digital camera that packs a 3x Optical Zoom-Nikkor Lens and 2.14-megapixel CCD into the lightest, pocket-sized, point-and-shoot digital camera in its class. This significant price reduction makes the Coolpix 775 an attractive camera at an extremely attractive price.

The Coolpix 995 is a 3.34-megapixel CCD digital camera that combines a pop-up flash, 4x Optical Zoom-Nikkor lens and a host of creative controls to extend picture-taking capabilities for all level of photographers. This $100 rebate will be offered until December 31, 2001