The five megapixel PowerShot S2 IS digital camera provides users with the high quality resolution, color and low noise that consumers have come to expect from Canon. The camera's fast f/2.7(W)-f/3.5(T) image stabilized 6.0-72.0mm 12x zoom lens (36-432mm equivalent) makes tack-sharp long telephoto shooting positively practical.The Canon PowerShot S2 IS will be available in June for a price of $499.99. More details about the PowerShot S2 IS at Canon product page.When the optical zoom is augmented with the camera's 4x digital zoom, the maximum focal length effectively becomes equivalent to a 1728mm lens on a 35mm camera.
Despite its extensive optical range, the lens is ultra-compact and retracts securely into the camera when it is powered down. In addition, there are two levels of close-up shooting, Macro and Super Macro. Super Macro mode enables extreme close-up shooting to 0 cm from the end of lens barrel, for creative shooting — great for shooting flowers to use in scrapbooks, on invitations and more.
Canon unveils the PowerShot S2 IS

Canon today announced a new five megapixel camera with 12x optical zoom - the Canon PowerShot S2 IS. It also features a high quality VGA video mode, MovieSnap and Stereo Sound.