Nikon mentioned in their official financial results presentation that they will release a new entry-level DSLR in next few months.
Accelerate shifting newer products in the entry class of D-SLR.
This camera will under current Nikon D3x00 product line, in a new line D1X00 (probably named D1000). According to rumors, this entry-level camera will have a very small size, like Canon’s Rebel SL1.
via: NR