Canon has unveiled two new point-and-shoot models, the PowerShot G7 X Mark II and SX720 HS. The G7 X features a 20.1-megapixel, 1-inch CMOS sensor and a newly developed DIGIC 7 processor, which will help reduce noise in low-light situations. Additional details include a 24-100mm (f/1.8-2.8) fixed lens with 4.2x optical zoom, 1080p 60 fps video, up to 12,800 ISO (25,600 expandable), NFC, WiFi and a high-res 3-inch LCD. Its lesser counterpart, the SX720 HS, sports a 20.3-megapixel CMOS sensor, DIGIC 6 image processor and a 24-960mm lens with 40x optical zoom. It shoots 1080p video at 24, 30 and 60 fps, and is equipped with a 3-inch screen, NFC and WiFi. Expect the G7 X Mark II to release in May for $700, while the SX720 HS launches in March for $400.