Nikon call their Coolpix "P" series the Performance Series, they compete directly with Canon's Powershot "G" series. But year after year, Canon Gs lead the prosumer market while Nikon play catching up!
Like the Phoenix in mythology, Nikon latest Coolpix P7700 rises from the ashes of the P7100 to compete with the Canon G12 (old enemy) and G15 (new foe)!
In 2010, out of desperation; Nikon released their Coolpix P7000 which not only look like the Canon G12, it even have near-identical top-level specifications! Sadly, the P7000's slow operational speed and confusing on-screen menus caused it's early downfall.
The replacement P7100 failed to topple the G12 superiority either!