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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."

2 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.

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