Kodak to File for Bankruptcy

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squarebab

I bought my first digital camera in 2000 from Kodak. It was a 2MP for $400. It worked perfectly. It's a shame they couldn't stay competetive.

Wikipedia says Kodak invented the digital camera in 1975!

http://en.wikipedia.org/wiki/Eastman_Kodak#Timeline

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kevjohn

Kodak has been a very innovative company throughout its history. Heck, they practically invented hobbyist photography, and their products and services for professional photogs were among the best, if not the best overall, for decades. Then you blink and they're churning out low-quality comsumer grade crap and are unable to keep up with the arms race of the prosumer and professional gear makers.

 

Another US-based company biting the dust, thousands of jobs lost or in peril due to the business decisions of the top few.

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therestorestore

What in the world do they do, if they don't do anything, or have "any products to speak of", that requires 19000 people?

 

Is it just 19000 people standing around remeniscing about the good old days?

 

There is still likely a place in the world for Kodak, just not such a large Kodak...

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kevjohn

The "no consumer products to speak of" comment was way off base by the author, Whitwam. They have dozens of products, either manufactured by them or brand licensed from another maker, on the shelves of any big box store you can think of. A few of them actually don't suck. heh

I'm not sure how many of thier products are made here in the States, but I, for one, will not celebrate the loss of more domestic manufacturing jobs. We are digging our own graves here.

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Nimrod

to me they kind of died when they stoped making Kodachrome. shit was nuts&bolts large format for the win.

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JohnP

Go to Goddess Goggle and punch in Kodak and click on shopping. You end up with endless lists of $70-100 digital cameras. Is that all they sell any more? That is not a business model, that is a ticket to bankruptcy. Oh, wait....

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Ghost XFX

Blame phones w/ cameras...

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Mortal_M

Blame Point and Shoot cameras wit Wi-Fi

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schwit

Good. This is what should happen to any company that is unwilling to adapt or innovate. This is what should've happened to GM and all of the wall street firms that bet the wrong way and lost. Instead, the government bailed out bad decision makers and archaic business models at the expense of the taxpayers.

BTW, SOPA is Hollywood's answer to an unwillingness to innovate.

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big_montana

Am I the only one that likes Kodak cameras, as they just work, have good color reproduction, and are inexpensive? Their most expensive camera is $230, I've never owned a camera whose image stabilization worked as well as my last two Kodak's have. I can take photo's from a moving car and it can stich them together, and the pictures look like they were shot while standing still. I just think Kodak does a bad job of advetising, and people still see them as a film company. not a digital company.

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someone87

+1

I agree with you 100%. If you can't make it on your own, close up shop.

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Nimrod

Good. This is what should happen to any company that is unwilling to adapt or innovate. This is what should've happened to GM and all of the wall street firms that bet the wrong way and lost. Instead, the government bailed out bad decision makers and archaic business models at the expense of the taxpayers.

BTW, SOPA is Hollywood's answer to an unwillingness to innovate.

QFE

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warptek2010

+100.

You got that right. Nailed every point on the head.

 

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Kinetic

This is sad news :( They made some great products over the years.

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Cleaver

Probably doesnt help their case that they came out with a line of shiiiiiiit printers. 

Sure the ink was cheap but you probably would have to replace your print head a couple of times in the first year, and the print quality was lackluster. (Side by side photos from a Kodak printer on Kodak photo paper appear far more faded than from an HP printer on HP photo paper.) 

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dukeofurl

They still have those inkjet printers they sell at WalMart that have chep(er) ink.

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Rift2

You can buy a digital camera for the price of 35mm  Film today and have unlimited photos.

I suspect alot of people still use regular film.

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MrHasselblad

To date; there are only nine digital cameras made that can match film; and that's a conditional statement - the best digital cameras at any speed versus a film camera at ISO 200. Mediumm format cameras (still a bit pricey - but starting just below 10k) also offer the ability to switch out the digital back for a film one.

Also noting... I'll take an old Pentax ME, Ricoh XR-s (solar), or even a Nikon F. There's plenty of old film cameras out there that (at the time) sold for a merket price of about two hundred - that can run circles around almost any digital camra ever made. In the past one could have a professional outfit for 2k to 3k. Today that barely buys the fuller version of CS Photoshop; or a moderate priced computer.

Sure the convenience of digital is there, but the true quality has gone by the wayside.

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warptek2010

Sure. Many professional photographers and purists still use film. It is superior to digital in many respects but like just about everything else, there's advantages and disadvantages.

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kevjohn

Advantages and disadvantages, that's for sure! I still have several rolls of 120 and 220 Kodak film in my freezer from the days (a few short years ago) that I shot with my Mamiya. I don't know if I'm cherishing the film and saving it for a "special occasion", or if I'm just afraid to shoot it because it costs so damn much to process and scan.

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jonnyohio

I haven't bought or developed film in a few years. My mom owned one of their printers and it was nice...maybe the reason they are going bankrupt is because they don't sell anything.

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big_montana

I do not know were people are getting this Kodak does not offer a product lie. They offer at least 20 different digital cameras in the consumer arena, no tot mention they have professional cameras and film that they produce and sell. Plus they sell their own branded photo printers, digital photo frames, video cameras, scanners, anything imaging related they offer.

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davidtuerk

Not a tear from my eye, I have gone through over 4 kodak digial cameras and they all died from no reason. and they were all babied in their $100 cases. got a canon, never had a problem since.

 

bye kodak.

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TommM

 

Unreal - for us baby boomers, Kodak was synonymous with Wonder Bread, Ford, NBC and Cheerios.  I mean when it came to cameras and supplies, their simply wasn't any other manufacturer.

Sad to hear, but technology moves on.

 

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someuid

Don't forget Pan Am!

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warptek2010

And Buitonni Instant Pizza (thats gone thanks to the microwave), and Alexander's department store....

 

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praetor_alpha

A company that has resorted to litigation has failed.

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RUSENSITIVESWEETNESS

Sad day. Same thing's happening to Sears this year.

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big_montana

Sears deserves to die, when they do not invest in their stores or product line, and do not add new products. The stores look old, dirty and run down. That's what happens when a venture capital firm buys you out.

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Holly Golightly

Wow... That is a total shocker. I will definitely miss this brand... Even though I have not used them in a very, very long time. Makes me think of using Kodak film on my Vivitar camera. 110 film baby!

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