The profile of something is its visible form. A 'low profile' means that something is less visible. In the most literal sense it means by keeping low to the ground and appearing smaller, but we use it in a much broader sense to mean any effort made to make something less visible, or obvious.

I don't believe the writer is talking only about the grip. We would not describe something as being 'grey and leather' - it would be simply "grey leather". It seems they are talking about the colour of the camera and the leather grip, and that the compound adjective 'low profile' is being applied to both. This is because the writer says "one of the most noticeable features". The one feature seems to be the 'low-profile' design of the camera which includes its grey colour and the leather grip.

I would take the 'low profile' colour to mean that it is perhaps a stylish colour that blends in with what else one might be carrying. It could also suggest it is less like a traditional camera colour (they are often black) which could allow it to pass unnoticed as a camera. Likewise, the leather grip may be something more akin to what you would expect on an accessory like a bag, not a camera, meaning it may look less like a camera.

The profile of something is its visible form. A 'low profile' means that something is less visible. In the most literal sense it means by keeping low to the ground and appearing smaller, but we use it in a much broader sense to mean any effort made to make something less visible, or obvious.

I don't believe the writer is talking only about the grip. We would not describe something as being 'grey and leather' - it would be simply "grey leather". It seems they are talking about the colour of the camera and the leather grip, and that the compound adjective 'low profile' is being applied to both. This is because the writer says "one of the most noticeable features". The one feature seems to be the 'low-profile' design of the camera which includes its grey colour and the leather grip.

I would take the 'low profile' colour to mean that it is perhaps a stylish colour that blends in with what else one might be carrying. It could also suggest it is less like a traditional camera colour (they are often black) which could allow it to pass unnoticed as a camera. Likewise, the leather grip may be something more akin to what you would expect on an accessory like a bag, not a camera, meaning it may look less like a camera.

I should add that 'low profile' is often used in consumer electronics to mean something similar to 'small form factor', but I don't believe that's the case in your example as it is being applied to specific attributes rather than the whole item.

The profile of something is its visible form. A 'low profile' means that something is less visible. In the most literal sense it means by keeping low to the ground and appearing smaller, but we use it in a much broader sense to mean any effort made to make something less visible, or obvious.

In this particular context, the colour of the camera would seem to be a selling-point. I would take the 'low profile' colour to mean that it is perhaps a stylish colour that blends in with what else one might be carrying. It could also suggest it is less like a traditional camera colour (they are often black) which could allow it to pass unnoticed as a camera.

  We would not describe something (such as the 'grip' on the camera) as being 'grey and leather', it would be simply "grey leather", so I don't believe this is all one feature.

However, it does seem that the compound adjective 'low profile' is being applied to both the grey colour and the leather grip. This is because the writer says "one of the most noticeable features". The one feature seems to be the 'low-profile' design of the camera which includes its grey colour and the leather grip.

The profile of something is its visible form. A 'low profile' means that something is less visible. In the most literal sense it means by keeping low to the ground and appearing smaller, but we use it in a much broader sense to mean any effort made to make something less visible, or obvious.

I don't believe the writer is talking only about the grip. We would not describe something as being 'grey and leather' - it would be simply "grey leather". It seems they are talking about the colour of the camera and the leather grip, and that the compound adjective 'low profile' is being applied to both. This is because the writer says "one of the most noticeable features". The one feature seems to be the 'low-profile' design of the camera which includes its grey colour and the leather grip.

I would take the 'low profile' colour to mean that it is perhaps a stylish colour that blends in with what else one might be carrying. It could also suggest it is less like a traditional camera colour (they are often black) which could allow it to pass unnoticed as a camera. Likewise, the leather grip may be something more akin to what you would expect on an accessory like a bag, not a camera, meaning it may look less like a camera.