> a small point and shoot,

Actually the Point and shoot market has largely dried up, even the 'fancier' point and shoots.

Apple did a very smart thing, using Sony BSI[0] and Stacked[1] Sensors in their phones.

As the 'Camera Snob' in the family my Brother recently asked me to help look for a small point and shoot for his wife for their child's events, and I was shocked at how few options there are compared to a decade ago (And how little most have improved since!)

To be clear, the 'ILC' (what many might think of when they think of when they say DSLR) market has continued to advance and the tech is better than ever, but the simple built-in lens point and shoot market has gotten very small outside of certain markets.

[0] - Back Side Illumination, basically a way to build the sensor that allows more light to hit it, but has some yield implications

[1] - Stacked sensors is again another sensor-build optimization, but it allows for faster readout of the full sensor with less rolling shutter, makes 'computational photography' feasible.