Sony today announced the DSC-P150 digital camera, which the company says is the “world’s first compact point-and-shoot digital camera in the marketplace loaded with 7.2 megapixels.” The one inch thin camera features a Carl Zeiss Vario Tessar 3X optical zoom lens, up to 310 shots per charge of the InfoLithium battery, a 1.8-inch LCD screen, manual flash and exposure settings, and nine preset scene modes. The DSC-P150 will be available in September for less than US$500.