Page 1 of 1

Kodak close to bankruptcy?

PostPosted: Sat Oct 01, 2011 10:23 pm
by Steffen
http://finance.ninemsn.com.au/newsbusin ... ptcy-fears

After 131 years in business, Kodak finds itself on shaky ground largely because of the shift to digital cameras. That change, coupled with tougher foreign competition, has undercut sales of the film that made Kodak famous.


There must be more to Kodak's decline though, after all they were at the forefront of the shift to digital.

Cheers
Steffen.