Kodak's Not-So-Pretty Picture

The digital photography revolution has been pretty easy for all of us to see -- it's been clear that this new way of taking pictures has captured the popular imagination with everything from the point-and-shoot format to cell phones. That revolution has left what might have seemed to be an unlikely casualty -- one of the stalwarts in photography, Eastman-Kodak (NYSE: EK). Yesterday, the venerated company, which has been around since photography was in its infancy, reported a rather ugly quarter as sales of film dropped faster than expected, particularly in emerging markets like China.

Source: Motley Fool


Posted: Thu - July 21, 2005 at 09:22 AM