Kodak Knows a Little About Dying Business Models
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Printing several versions of a newspaper in the same city, each with ads aimed at a specific neighborhood, promises to yield increased sales of Kodakâs high-speed production printers.
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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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By BEN DOBBIN  ROCHESTER, N.Y. - A year from now, capturing a crisp, clear image of a candlelit birthday party could be a piece of cake - even with a camera phone. Eastman Kodak Co.
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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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Eastman  Kodak Co. announced on Tuesday that it would restructure several plants based in Britain and France, resulting in the loss of hundreds of jobs by 2005.
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EASTMAN Kodak is expecting a payout of more than $US1 billion this week after winning a patent lawsuit against Sun Microsystems. A jury found Sun&#39;s popular Java software infringed several patents Eastman Kodak bought from Wang Laboratories in late 1997.
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Eastman Kodak Co. EK.N 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.
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The problem of preserving digital photos and other electronic records for future decades confounds even the experts.
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Eastman Kodak Co.  said on  Thursday it expected to complete a three-year restructuring  program by the end of 2007, including additional job cuts, that  will help it sustain profitability.
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Adobe Systems is making Kodak's Ofoto the preferred online printing service in consumer versions of its Photoshop image editing applications.
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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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Eastman Kodak Co., the world&#39;s biggest photographic company, said it will shed almost 900 jobs in Europe to concentrate on the digital market and cut costs as demand for traditional film products declines.
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ROCHESTER, N.Y. -- Eastman Kodak Co. posted its first quarterly profit in more than two years on Wednesday as it enters the final stretch of a tough transformation into a digital photography and commercial printing company.
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Eastman Kodak Co. EK.N, the world's  top maker of photographic film, said Wednesday its  third-quarter profit rose, helped by the sale of one of its  businesses and growth in its digital business, but declines in  its traditional film segment held back revenue.
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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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Kodak says digital cameras will work better in dim conditions with a superficial but significant change to image sensors.Photos: Kodak's highly sensitive sensor
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Does a new ticker presage a new business model?