Yes it is true it’s called an IKEA Knappa and it is part of a promotional campaign IKEA will be running soon. It runs on 2 AA batteries and can hold up to 40 images on its memory stick. It is the world’s cheapest camera ever and it can’t be purchased but it will be given out at select stores for free to people who purchase their PS 2012 collection.
It’s just a point and shoot camera whose shutter button is also the power button. This disposable digital camera can take 2.3 megapixel images, and the whole thing runs on one circuit board. It’s simplicity at its best. You can read all the geeky details at here.
You can see in this video:
via : thaeger