Press cameras were largely superseded by the 6x6cm medium format Rolleiflex in the early-to mid 1960s and later by 35mm rangefinder or single lens reflex cameras.
Press cameras like the Graphic and even the expensive Linhof Technika can be used hand-held. That's exactly what news and sports photographers did up until the 1960s.
Sometimes press cameras are called field camera, in fact they are a kind of best possible professional compromise between portable flexible view camera and viewfinder camera.
Glossary Terms
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Graphic press cameras: mostly big rigid box cameras with some very limited front movements. They were used extensively by photojournalists in the past.
For all of the A77's speed, it can't compete with dedicated press cameras like Canon's EOS 1D Mark IV or the Nikon D3S. This shouldn't come as any surprise at all.
 See also: Camera, Film, Photograph, Image, Light
  
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