No, really.
Globally, sales of compact cameras fell something like 40 percent in 2013 - and sales had already been hit hard in previous years.
BTW, personally, I wouldn't dream of having a smartphone as my main camera. Almost always have a compact system camera on me, and a DSLR at home. But...
Well, it's both. Bigger sensors need bigger lenses, which is why I suggested that some smartphones will have lens mounts. And more will have retracting lenses too.
But, again, the majority/mass market don't care about such matters. They just want convenience.
He's not talking bollocks.
Sadly, the typical person isn't that bothered about quality, and doesn't think about low-light performance.
They want convenience - eg a camera which is always on them, and an easy way to share images.
Regardless of the quality issues, smartphones have already...