So what is next from Canon?

I think Canon has demonstrated that they now have a significant prowess in terms of mirrorless functionality. While some functions are not as perfect as some would like - the fact that Canon can oversample from 8K down to 4K at almost any speed is a significant bump up in performance across the board against their competition.

What this means for Canon is that they can take aim at any particular segment of the market, and compete relatively well. They still have some issues though, all is not perfect. Sony if not this release of the A7S, will certainly come close to doing global shutter based cameras for video. It actually wouldn't surprise me to either see the A9 II sensor or a global shutter sensor in the A7S III, A7S IV, or A7S V (whatever they call it) when it purportedly comes out this summer. That is technology that Canon cannot match right now. What that means is a much faster sensor read speeds and far less rolling shutter on video. This is important for electronic shutter for stills but most important for video.

While Canon has global shutter sensors, they are designed with front-side illumination. That has inefficiencies, and downgrades the dynamic range and fill capacity by one full stop. While that may not be a problem for a pure video camera, it is for a hybrid where people demand excellent stills performance as well as video. To get up to where the A9 II sensor, or an advanced generation global shutter sensor that Sony can both make; that is at least two sensor generations from where Canon is right now. Canon certainly has the patent material to make such a leap, it's yet to be determined if they have the will and desire to do so.

Why do we mention all this? Because sooner or later Canon will have to tackle the hybrid video camera in an ILC camera that the S1H and most likely the A7S III(IV)(V) will be. The R5 is not it.

There are two cameras I expect Canon to focus on now that the R5 and R6 are out, and I don't think either one of them is a surprise.

The EOS R5s - which is a high megapixel version of the R5. It won't have the video options of the R5, but will sport a sensor in excess of 70MP. I think this is a given simply because I seriously can't see Canon allowing the A7R IV to have a better MP specification any EOS RF camera. Especially of Nikon follows suit with a 61MP mirrorless camera of their own. Because of the extreme specifications from the R5, we could easily see this camera approach 10 fps at 80MP.

The EOS R1 The Olympics are coming we hope. But all sounds of it, we should have a COVID-19 vaccine out by next summer which should allow Japan to host the games. The R1 was always scheduled for 2021, and now it becomes even more important. The R5, outside of the name, is not an 1 series camera. Just one look between 1 series ergonomics and what exists on the 1 series should make that evident. So we fully expect a souped-up R5 to appear in a R1 body announced in the next 12 months to be available for the Olympic games. The speed limit of this camera, assuming around 20MP is simply limited to not the camera anymore, but how fast Canon can open and close aperture blades - without them flying apart and ending up in the next county. Otherwise, they can lock AE and focus stopped down and go even faster. We could see stills in the range of 45 fps from this camera if they lock the aperture.

Outside of that, we have no idea. An EOS M5 Mark II may be in the cards, but frankly, I think unless it comes with a professional standard zoom, and at least one more L-like prime like the 32mm I can't see it having much impact.

Some are talking about an EOS R7. I personally give this a low priority, I think it really depends on how well Nikon's APS-C mirrorless sell. Canon may create some APS-C RF cameras, but the internet theory of abandoning the EOS-M lineup because of it I think would not happen. Canon will simply sell both camera systems side by side and let the buyer's choose which one they want.

As far as RF lenses, we have a little more clarity. There's still a bunch of RF lenses coming. I'm surprised we didn't hear any development announcements but I would expect to hear something in the next few months about some of these two lenses.