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The Rise and Fall of Kodak

H_Fisher writes "Michael Hiltzik of the L.A. Times writes with a frank look at the decisions and changes that have led to Kodak's decline from top U.S. photography company to a company whose product is almost irrelevant. He writes: '[Kodak] executives couldn't foresee a future in which film had no role in image capture at all, nor come to grips with the lower profit margins or faster competitive pace of high-tech industries.' He also notes that Kodak's story comes as a cautionary tale to giants like Google and Facebook."

4 of 352 comments (clear)

  1. It was all by shentino · · Score: 4, Funny

    One big Kodak moment.

  2. Re:Why just cautionary for Google and Facebook? by Gothmolly · · Score: 3, Funny

    Mod parent up. If you're not part of the solution, there's money to be made in prolonging the problem.

    --
    I want to delete my account but Slashdot doesn't allow it.
  3. Re:There's nothing new here by Anonymous Coward · · Score: 1, Funny

    Maybe you should make more money so you can buy a real car.

  4. Re:Rochester by Anonymous Coward · · Score: 2, Funny

    So very true! Having been a college student in Rochester for 5 years, I can only add that the place is the butt of every other joke.

    My favorite?
    Q:"How many Kodak engineers does it take to change a light bulb?"
    A: "50% fewer than last year."

    And that has been in use for 30 years now.