Kodak Lagging in Digital World

mattmcal writes "Wired reports on the Kodak's struggle to survive and Mark Glaser comments on their demise at The Industry Standard saying that Kodak failed to take digital photography seriously, or at least failed to find a way to successfully transform their business. The Photo Marketing Association reported that in 2003, digital cameras outsold analog. Kodak's stock has been hovering near its 20-year low. Finally, today, the Asian Business Times reports that billionaire Carl Icahn sold all his shares saying the current business model there doesn't work."

Comments

Re:Same thing happened to Polaroid

[Crypto Gnome]

The masters at this right now are Apple, Canon and Sony, and yes, Microsoft.

Odd that you should mention those names in the same sentance.

Memories of SesameStreet and "one of these things is not like the other".

Can you guess which is the odd man out?

Here's a small hint:

• three of these companies are strong innovators, who care enough to produce very polished/well engineered products
• One of them owes its current success to (a) holding a Virtual Monopoly (b) predatory business practices (b) throwing megabux at politicians and government lobbyinsts

Re:Interesting Considering Their Flagship

[deathcow]

My Canon 10D with 550EX flash on it (read: lever arm) fell 4 feet to a hardwood desk and all I had to do was take a finger and wipe some dust off one corner of the 10D's beautiful magnesium shell :) No affects. I've dropped my share of Canon gear through the ages with zero ill effects ever.

Re:They had this coming

[saden1]

They never do!!!!!!!!

The life cycle of an American car is:
11 * 25000 miles = 275000 miles

Where as the typical lifecycle for a Toyota, Honda, or a Nissan is:
25 * 25000 miles = 625000 miles

How many old Fords do you see on the road?