Kodak Updates Its Brownie to Compete in a Digital Age
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To reorganize its digital camera product line, Kodak hired anthropologists and other social scientists to study how people used cameras.
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PC maker expanding printer business with new photo printers. Digital cameras also a possibility.
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Dream kitchens may soon include a computer along with the latest refrigerator or oven, so people can satisfy their digital needs along with nutritional ones.
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NEW YORK -- Eastman Kodak Co. is cutting 3,000 more jobs this year as the picture-taking pioneer wraps up its wrenching transformation into a digital imaging company focused on consumer photography and commercial printing.
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Photography company Eastman Kodak Co. on Wednesday posted a quarterly profit on continued growth in its digital business.
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Eastman Kodak Co.  on Tuesday  said Frank Sklarsky, chief financial officer of ConAgra Inc.  , will take the same post at Kodak, succeeding Bob  Brust, who announced early in the year his intention to retire  by January 2007.
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Eastman Kodak Co., the world&#39;s largest maker of photographic film, said Wednesday it expects sales of digital products and services to grow at an annual rate of 36 percent between 2003 and 2007, above prior growth rate estimates of 26 percent between 2002
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Blog: Kodak responds to consumer love of portability, large LCDs and enough megapixels for wall prints.
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Once celebrated for cameras that made their own prints, Polaroid Corp. plans to update the concept this year by selling a portable printer for images on cell phones and digital cameras.
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A new initiative seeks to improve old products.
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Eastman Kodak Co. EK.N on Wednesday  raised its growth forecast on digital products and services,  the areas the photography company is depending on to offset a  rapid decline in its traditional film business.
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Eastman Kodak Co.  is  introducing a line of desktop printers and low cost replacement  inks on Tuesday, as the photography company takes on a market  dominated by Hewlett-Packard .
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(InfoWorld) - As part of a four-year turnaround plan, Eastman KodakÂ expects to cut 5,000 to 7,000 jobs by the end of 2007 in an effort to reduce its administrative overhead and boost profits from digital photography instead of standard film, the company told investors Thursday. Kodak leaders had already cut 1,200 jobs during the fourth quarter of 2006, bringing the total jobs lost to 23,400 since the company first announced its restructuring plan in January 2004. By the end of this year, that total could reach 30,000, nearly half of the company's size in 2003. The company has already cut excess jobs from its manufacturing division, and will trim the remaining jobs from its selling, general and administrative unit, Kodak Chief Financial Officer Frank Sklarsky said in a release. The move will reduce administrative overhead from Kodak's current level of 18 percent of revenue to just 14 percent to 15 percent. The company has also slashed costs by announcing Jan. 10 it would sell its 8,100-person medical imaging and health-care IT division to the Canadian firm OnexÂ for $2.55 billion. That deal is expected to close in the first half of 2007. On the revenue side of its books, Kodak hopes to boost income through new products like its consumer inkjet printers, image sensors and picture kiosks, said CEO Antonio Perez. The company will also draw $250 million in revenue by licensing its intellectual-property patents this year, he said. KodakÂ introduced a line of inkjet printersÂ this week to compete with Hewlett-Packard and Xerox. Kodak will target consumers and home-office users by selling replacement ink cartridges at about half the price of its competitors -- just $9.99 for black ink and $14.99 for five-color ink. Likewise, Kodak will sell a range of printers priced below $200. Also on Thursday, Kodak announced it would partner with MozillaÂ to improve Kodak's online photo gallery by allowing users to access it from Mozilla's Firefox Web browser. The companies hope to generate more income from the 83 million U.S. users who are predicted to upload, share and print their photographs by 2010. Users can now download the new tool. Â
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(Rochester, NY) 09/22/04 -- Bold statements came from the Eastman Kodak company today. Investors learned digital sales are soaring beyond the company&#39;s expectations.
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The digital revolution&#39;s two-way impact on British jobs was felt yesterday when Eastman Kodak announced mass layoffs in Nottingham and Middlesex and B&amp;Q said it had been struggling to find staff in the Midlands.
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Photographic equipment manufacturer Kodak today blamed the rise of digital photography for 600 job losses and a factory closure. Kodak said declining demand for traditional
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Eastman Kodak Co.  on Wednesday backed its near and long-term profit forecasts, saying sales of digital products, such as cameras and medical imaging, are growing faster than expected and helping to offset rapidly declining sales of its traditional film business.