Kodak to Stop Making Cameras, Pocket Video Cams and Digital Frames
Kodak announced today that it plans to “phase out its dedicated capture devices business—comprising digital cameras, pocket video cameras and digital picture frames—in the first half of 2012.” This news comes less than one month after the company filed for chapter 11 bankruptcy, a move that Kodak said would result in a rigorous reorganization of the company. Not surprisingly, they appear to have determined that the crippled digital capture leg had to be severed.
Still, this is sad news. There’s no denying that for so long the Kodak brand was synonymous with cameras and picture making. Moving forward, their focus will be on: retail-based photo kiosks and digital dry lab systems, inkjet printers, online photo galleries, camera accessories and batteries—which they are quick to point out are compatible with cameras made by other manufacturers, and in a final bittersweet twist, the “traditional film capture and photographic paper business.”