Kodak and digital cameras

Discussion in 'Kodak' started by Mike Anselmo, Jul 24, 2003.

  1. Mike Anselmo

    Mike Anselmo Guest

    An interesting article in LI Newsday today.

    http://www.newsday.com/business/printedition/ny-bzkodak243385566jul24,0,7826
    488.story?coll=ny-business-print

    "Ulysses Yannas, an analyst with Buckman, Buckman & Reid, said Kodak had
    previously estimated digital imaging would take "4 to 5 percent out of film
    use this year - now they're talking 8 to 10 percent. The reason is that
    apparently digital camera sales in units are exploding."

    Kodak is sharing in the growth of digital. The Rochester-based company
    expects to jump above $1 billion in digital imaging sales this year. By
    year-end, industry analysts think digital cameras, which record snapshots on
    computer chips, could begin outselling traditional film cameras for the
    first time in the United States."

    We are watching a company doing its best to survive in a radically changing
    technical world.

    Interesting stuff.

    Mike
     
    Mike Anselmo, Jul 24, 2003
    #1
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  2. Mike Anselmo

    JK Guest

    Polaroid also made digital cameras. Now Polaroid is in bankruptcy.
     
    JK, Jul 24, 2003
    #2
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  3. Or film sales are lower than expected, which somehow seems more logical
    given the additional 6000 lay-offs (but then I am not an analyst at BB&R
    ;-)).

    Bart
     
    Bart van der Wolf, Jul 25, 2003
    #3
  4. Mike Anselmo

    Alan Browne Guest

    On $12.8B in sales in 2002, $1B is hardly dominating the company, is it?

    Yes it's growing, but I would expect them to be doing a lot better than
    a mere $1B by now.

    You only sell a digital camera once, and most people do not print even
    1% of the images they take. You get to sell lots of film.

    Kodak's business model is a disaster. If you care, there is the
    entertaining "Dear Kodak" thread in r.p.e.35mm.

    Cheers,
    Alan
     
    Alan Browne, Jul 28, 2003
    #4
  5. Mike Anselmo

    Ron Hunter Guest

    The industry is in transition. There is no reason to think that Kodak
    will have any more trouble than Fuji, which also has vast investments in
    film. Both will suffer a traumatic few years.
     
    Ron Hunter, Jul 29, 2003
    #5
  6. Mike Anselmo

    gr Guest

    Or simply go bankrupt and fade away.

    More likely, they'll restructure and do some serious downsizing before film
    collapses. They'll probably come out as a completely different company in
    form (but probably not in name). Whatever happens, the next few years will
    be interesting. I don't think we've heard the last of the Kodak name, but I
    doubt it will be the household word it's been for the past 50 years.
     
    gr, Jul 29, 2003
    #6
  7. Mike Anselmo

    Ron Hunter Guest

    I am sure it will shrink (you don't need as many people without film).
    On the other hand, film won't go away in anyone's lifetime, so they will
    still make special purpose film. How many companies still manufacture
    sliderules?
     
    Ron Hunter, Jul 29, 2003
    #7
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