Kodak Lagging in Digital World

Posted by michael on Friday February 20, 2004 @10:08PM from the times-they-are-a-changin' dept.

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."

1 of 335 comments (clear)

Re:Its because digital cameras are more versitile! by Temporal · 2004-02-20 23:46 · Score: 0, Troll

I wonder why this was modded "troll"? "Redundant" I could see, but otherwise everything in it is quite true and well-reasoned. Was it because of your user name and sig? Or was it because you expressed a preference for Windows over Linux? (I found that hillarious, BTW, and completely agree with the sentiment. Of course, to each his own and all that.)