Kodak profit machine

[MovieStuff]

Apparently, this is where Kodak makes its money these days:

http://channels.isp.netscape.com/news/s ... 28.htm&sc=+

Nothing is mentioned about their film production. Interesting. I wonder what the breaking point is for them to stop making film completely?

Roger

[S8 Booster]

All: http://www.kodak.com/eknec/PageQuerier. ... 8a80e9657e

Film, Photofinishing and Entertainment Group full-year 2010 sales were $1.767 billion, a 22% decline from the prior year. Full-year 2010 earnings from operations for the segment were $62 million, compared with $159 million in the prior year. Fourth-quarter sales were $439 million, a 25% decline from the year-ago quarter. Fourth-quarter loss from operations for the segment was $3 million, compared with earnings on the same basis of $53 million in the year-ago period. This decrease in earnings was primarily driven by industry-related declines in volumes and increased raw material costs, partially offset by cost reductions across the segment.

shoot...eh,.. more film....

[beamascope]

Kodak is too big to figure this out. They will bail on film and leave it to the other smaller leaner companies. God forbid they lean out the film manufacturing department in order to keep it profitable.

[BAC]

Though it has seen large declines due to digital the Kodak film division is still profitable. The article below says "analysts foresee Kodak offloading its still-profitable film division sometime in the next half-dozen years". That may be a good thing. If someone can make money at it they will continue to manufacture film. If Kodak is not serious about film anymore put it in the hands of someone who is.

http://www.floridatoday.com/article/201 ... aphic-film

[aj]

Apparently, this is where Kodak makes its money these days:

http://channels.isp.netscape.com/news/s ... 28.htm&sc=+

Nothing is mentioned about their film production. Interesting. I wonder what the breaking point is for them to stop making film completely?

Roger

Qurious to see such a message at a Netscape service/site. Netscape barely made it 10 years and Kodak is over 100 years old

[Will2]

Of course that was an AP article, Netscape and most other net new outlets just repackage other peoples' work.

[MIKI-814]

Someone should explain to the world that "sales volume" of any item is not related at all with how "profitable" it is...