Despite its compact size, Canon’s upcoming PowerShot TX1 boasts a 7.1-megapixel CCD and is capable of recording 720p HD video. That’s not all, you’ll also find 10x optical zoom, a Digic image processor, face detection technology, 14 shooting modes, and ISO 80-1600 settings. Expect to shell out $500 for the PowerShot TX1 when it’s released. One more picture after the jump.

…a so-called “Intelligent Orientation Sensor” to keep the display looking right no matter how you’re holding the cam. No word so far on a release date, but with all this functionality at a very attractive price, you can probably expect the TX1 to fly off shelves when it finally makes its debut

[via engadget]