On the heels of 4 megapixel digital camera announcements from Toshiba and Sony, Olympus today released details of its forthcoming high-end camera. The Camedia C-4040 Zoom delivers a 4 megapixel CCD with a 3x optical zoom, 7.5x digital zoom, and QuickTime movie capture capabilities. The C-4040 will ship in August for US$1099.