CHART OF THE DAY: New iPhone To Clobber The Point-And-Shoot Camera

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Earlier today, we marveled at a series of digital photos taken with the Apple’s (AAPL) latest iPhone 3G S.  The photos show a huge improvement of the iPhone’s camera, and we wondered if this trend might spell trouble for big-time point-and-shoot camera-maker Canon and rivals like Casio, Sony, and Nikon.

Turns out it already has. Yahoo’s photo-sharing site Flickr monitors the most popular cameras used in its community, and the iPhone has been shooting up Flickr’s charts over the last year. A better camera — and video recording — can only help.

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