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My Profile Postcards to the President Messages from citizens around the world Watch Now You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures You Witness The Great Debate Blogs Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Flip camcorder moves up to HD Wed Nov 12, 2008 12:18pm EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Gabriel Madway SAN FRANCISCO (Reuters) - The Flip camcorder, whose pint-sized frame, no frills approach and small price tag made it a huge hit with consumers, is stepping up to the more rarefied world of high-definition. The new Flip Mino HD is being released on Wednesday by Pure Digital Inc. The company has become something of an overnight sensation with the success of the Flip. But the consumer environment has changed considerably over the past few months. No. 1 U.S. electronics retailer Best Buy Co Inc said on Wednesday "seismic changes in consumer behavior have created the most difficult climate we've ever seen." With recession-fearing shoppers holding tight to their purse strings, much of the electronics industry is approaching the holiday season with more than a touch of trepidation. In addition, the market for small, inexpensive camcorders has gotten extremely crowded since the original Flip debuted in May 2007, including offerings from big names such as Sony Corp and RCA Corp. But Jonathan Kaplan, Pure Digital's chief executive, says the Flip, which appeals to the budget-minded, has yet to feel the effects. And he expects the HD Flip, which he calls the world's smallest HD camcorder, to be popular with teens and early adopters. He said the HD Flip stays true to the company's mantra of easy and affordable. Always concerned about so-called "feature-creep," Kaplan emphasized that the company was not interested in adding lots of bells and whistles. "NOBODY CARES" "Saying that 'my camcorder is 1080p and has larger hard drive and its got a larger screen' -- nobody cares about that. What they care about it capturing the everyday moments in their life." Like its standard-definition cousin, the Flip HD is about the size of a wallet and weighs 3.3 ounces. It can record up to 60 minutes of video. A USB connector allows users to upload video to their computers and to sites like YouTube and MySpace. It can also be connected directly to a TV. The new Flip HD will sell for $230, making it a bit pricier than the standard-definition version that sells for $180. The Flip has been wildly popular, selling 1.5 million units. Pure Digital, with only 90 employees, holds a 24 percent share of the camcorder market. While the pocket camera is popular in its niche, the new model's higher prices may make it buyers think twice when they compare it to a host of traditional stand-alone and video camera competitors. For instance consumers may opt to pay a lower price for digital cameras with standard video capabilities by the likes of Canon Inc, Nikon Corp and Eastman Kodak Co. Or they could pay a little more for a full featured video camera, by Samsung Electronics Co Ltd or Sony. Continued... 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