Kodak announced yesterday that they are phasing out their digital cameras during the first half of 2012. Just last month Kodak filed for bankruptcy protection.
Kodak does intend to pursue licensing options for their digital cameras but their focus going further will be on more profitable segments of their business including:
Kodak does intend to pursue licensing options for their digital cameras but their focus going further will be on more profitable segments of their business including:
- Retail-based photo kiosks and digital dry lab systems
- Consumer inkjet printers
- Kodak apps for Facebook
- Kodak Gallery (www.kodakgallery.com)
- The Kodak camera accessories and batteries businesses
- The traditional film capture and photographic paper business
Comments
This is really sad as I love my kodak digital point and shoot. It is the most trouble free camera and has lasted so long! It still takes first class photos, unlike several of my friends point and shoot.
Thrilled to hear film and paper still on the agenda and I’m hoping kiosks will still include wet labs
I am really sorry to hear Kodak is dropping it’s digital point and shoot, as well. I’ve always liked the Kodak camera; my very first camera was a Brownie. I am glad they are going to keep their All-in-one printer. I have one and I like it much better than the Epson I had before. Their ink is also the most affordable as well, and I hope they keep that line along with their printers.
This is a real shame. I have been in the photography business for 50 years. I have worked for Kodak, against Kodak, tested their products and used them for years. Back in the late 70’s early 80′s they had more digital technology than any one else, but didn’t think it was going to catch on as quickly as it did. It was a dumb corporate decision to introduce the APS system and naturally everyone followed. What a mistake and now they are paying the ultimate price for one of the two most recognizable logos on the planet. Kodak and Coke.