The long awaited Sony A700 replacement is expected to be announced in August 2011, a little later than the original anticipated July date.
Expected to be called the A77, this is the provisional specification according to "Sony Rumors":
The Sony A77 will be Sonyís new top APS-C model and replace the now very old Sony A700 (Click here to see that camera). It has a newly developed 24 Megapixel sensor which we have been told will deliver a crazy ISO performance. Specs are not 100% finalized yet but it looks like the ISO range goes from 100 up to 102.400 ISO. The A77 uses a new double Bionz processor and a newly developed 3 million dot OLED EVF. It takes more than 10 frames per seconds and has 11 cross AF points. Of course it can record videos at FullHD. It has a new USB 3.0 connection (with transmission speeds of up to 5 Gbit/s). Both cameras (the A77 and A65) will use the new translucent technology (there will be no optical viewfinder Sony camera anymore!). That allows Sony to reduce the production costs and we expect the A77 body only price to be around $1.000 only! Thatís much less than the competition: