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Kodak on the verge of death
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The following comments relate to this news article:
article published on 1 October, 2011
The photography pioneer nears bankruptcy.
Eastman Kodak, which released the world's first consumer camera in 1888, stands as close to bankruptcy as possible, and now has a market value of just $230 million.
In 1997, the company had a market value of $31 billion, before the revolution of digital photography began. The company has not had a profit since early 2007 and its stock market ... [ read the full article ]
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Senior Member
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2. October 2011 @ 00:52 |
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Its a shame that yet another American legacy will Die.
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2. October 2011 @ 01:17 |
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Originally posted by DXR88:
Its a shame that yet another American legacy will Die.
sigh....
Being nice always has its own consequences
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Staff Member
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2. October 2011 @ 01:28 |
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Originally posted by DXR88:
Its a shame that yet another American legacy will Die.
If you cannot innovate and think that lawsuits against innovators will save your company, then you deserve to go bankrupt. RIM and a number of other companies (American, international, doesnt matter) are going the same way.
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AfterDawn Addict
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2. October 2011 @ 01:55 |
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Originally posted by DVDBack23:
Originally posted by DXR88:
Its a shame that yet another American legacy will Die.
If you cannot innovate and think that lawsuits against innovators will save your company, then you deserve to go bankrupt. RIM and a number of other companies (American, international, doesnt matter) are going the same way.
Kodak has done a lot of innovation, and they have a very nice lineup. If anything, I think their biggest mistake was to make such great products...they don't get many repeat customers because their cameras just last and last and last, and the image quality is good enough that even their old 1.3MP cameras still make better pictures than a new 8MP camera phones.
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2. October 2011 @ 02:12 |
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Originally posted by DVDBack23:
Originally posted by DXR88:
Its a shame that yet another American legacy will Die.
If you cannot innovate and think that lawsuits against innovators will save your company, then you deserve to go bankrupt. RIM and a number of other companies (American, international, doesn't matter) are going the same way.
Mom&Pops would be proud to hear that, they thought honesty and integrity was the best policy as well....i guess that's why they went extinct. didn't sue enough investors didn't corner the market with Technological progress baring patents,didn't feed off the people.
you can keep telling yourself that they all deserve to go under. but there just following the New BIG book of Business 101.
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Staff Member
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2. October 2011 @ 02:13 |
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Originally posted by KillerBug:
Originally posted by DVDBack23:
Originally posted by DXR88:
Its a shame that yet another American legacy will Die.
If you cannot innovate and think that lawsuits against innovators will save your company, then you deserve to go bankrupt. RIM and a number of other companies (American, international, doesnt matter) are going the same way.
Kodak has done a lot of innovation, and they have a very nice lineup. If anything, I think their biggest mistake was to make such great products...they don't get many repeat customers because their cameras just last and last and last, and the image quality is good enough that even their old 1.3MP cameras still make better pictures than a new 8MP camera phones.
This is just not true.
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Staff Member
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2. October 2011 @ 02:50 |
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Originally posted by DXR88:
Mom&Pops would be proud to hear that, they thought honesty and integrity was the best policy as well....i guess that's why they went extinct. didn't sue enough investors didn't corner the market with Technological progress baring patents,didn't feed off the people.
you can keep telling yourself that they all deserve to go under. but there just following the New BIG book of Business 101.
Clearly you misread. Kodak didn't innovate AND they sued everyone who was trying to innovate. Good riddance to them. They were great when cameras needed film, not anymore.
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KSib
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2. October 2011 @ 07:00 |
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Well, they were bragging about low ink cost for their printers, but if they do go under I wonder who's gonna pick up that slack...? HP? Canon?
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AfterDawn Addict
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2. October 2011 @ 07:04 |
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Originally posted by DVDBack23:
Originally posted by KillerBug:
Originally posted by DVDBack23:
Originally posted by DXR88:
Its a shame that yet another American legacy will Die.
If you cannot innovate and think that lawsuits against innovators will save your company, then you deserve to go bankrupt. RIM and a number of other companies (American, international, doesnt matter) are going the same way.
Kodak has done a lot of innovation, and they have a very nice lineup. If anything, I think their biggest mistake was to make such great products...they don't get many repeat customers because their cameras just last and last and last, and the image quality is good enough that even their old 1.3MP cameras still make better pictures than a new 8MP camera phones.
This is just not true.
I know that the old 1.3MP Kodak we have at the office still takes better pictures than the Sensation 4G or the Droid Bionic, and it still works after years of abuse. The pictures are clean and crisp in spite of the fact that it isn't a DSLR...and the colors are spot-on...the only other non-DSLR I have seen this with is the 10MP kodak that I have here at the house.
Innovation isn't just inventing new things; if that were the case, then the only innovative digital camera would be that crummy old apple thing. Innovation can also mean bringing high-end features to affordable devices, and Kodak does that really well.
I'm just glad I have my 10MP kodak...if it is anything like that old 1.3MP, it should outlast the lithium ion battery many times over...and that is pretty good considering that Kodak uses quality cells in their batteries.
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getanacct
Junior Member
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3. October 2011 @ 09:54 |
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I'd wish that someone like Apple would buy Kodak, because the reputation of Apple would help Kodak immensely, and allow them to survive for at least another 20 years or so.
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Senior Member
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3. October 2011 @ 15:28 |
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Originally posted by getanacct:
I'd wish that someone like Apple would buy Kodak, because the reputation of Apple would help Kodak immensely, and allow them to survive for at least another 20 years or so.
Hell no, id rather see Kodak die with the reputation of affordable long lasting products than live with the reputation of making overpriced garbage.
besides there patents they really have nothing worth anything anymore.
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This message has been edited since posting. Last time this message was edited on 3. October 2011 @ 15:31
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Senior Member
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4. October 2011 @ 03:05 |
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i have a kodak easy share cx 7300.its old been used a lot and still takes quality photos.the good thing about kodak is there camera's were at a reasonable price and reliable,also very easy to use.
custom built gaming pc from early 2010,ps2 with 15 games all original,ps3 500gbs with 5 games all original,yamaha amp and 5.1channel surround sound speakers,46inch sony lcd smart tv.
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AfterDawn Addict
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4. October 2011 @ 08:59 |
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It's funny I have a 4-5 year old 6MP Kodac digital that just broke this month. It took very good pictures considering the age. Still, I'm in no rush to replace it. My phone does good enough in most situations. I guess that's part of the reason Kodac is in trouble.
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Bozobub
Senior Member
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4. October 2011 @ 09:01 |
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Kodak wasn't killed by lack of innovation, they were killed by Polaroid suing them and taking the self-developing "instant" camera market away completely. It's been downhill since then.
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falcon74
Junior Member
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7. October 2011 @ 18:35 |
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Kodak did not help the cause by the demise of super8 film they just let it go never tried to make it more affordable for the consumer and the digital cinem has also killed Kodak and film labs a whole industry destroyed by greed!
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pmshah
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8. October 2011 @ 12:07 |
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Originally posted by Bozobub:
Kodak wasn't killed by lack of innovation, they were killed by Polaroid suing them and taking the self-developing "instant" camera market away completely. It's been downhill since then.
Funny Polaroid sued Kodak about instant self developing photo technology but Fuji was not affected. Kodak made most of the chemicals used by Polaroid but got sued because of competitive fears.
Even today their technology in CCD sensors is unsurpassed by any other company in the world. Within a 4 pixel matrix they are the only ones to use a single green sensing pixel, along with a red and blue. All others have to use 2 green pixels. The 4th one thus freed is a clear while light sensor for reading the brightness better than any other extrapolation method.
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