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Kodak files for chapter 11 Bankruptcy

  • 19-01-2012 9:34am
    #1
    uncle_sam_ie
    Registered Users, Registered Users 2 Posts: 3,191 ✭✭✭


    http://www.zerohedge.com/news/and-scenekodak-files-bankruptcy

    The company was similar to Apple computers in their day bringing photography to the masses. The famous slogan for their Brownie camera was "You push the button, we do the rest." How the mighty have fallen.


Comments

  • #2
    sarumite
    Registered Users, Registered Users 2 Posts: 2,909 ✭✭✭sarumite


    uncle_sam_ie wrote: »
    http://www.zerohedge.com/news/and-scenekodak-files-bankruptcy

    The company was similar to Apple computers in their day bringing photography to the masses. The famous slogan for their Brownie camera was "You push the button, we do the rest." How the mighty have fallen.

    There was an intersting take on it from the economist comparing similar companies: Kodak (a company filing for chapter 11) and Fujufilm ( a company whos net income continues in an upwards trajectory)

    http://www.economist.com/node/21542796


  • #3
    thebman
    Closed Accounts Posts: 10,012 ✭✭✭✭thebman


    It is odd because their products are actually very good even the digital ones and they seem to have loads of patents in the area.

    It just looks like it could be the best case study on how not to run a successful company to me.


  • #4
    Slideshowbob
    Registered Users, Registered Users 2 Posts: 2,460 ✭✭✭Slideshowbob


    It is odd because it has nothing to do with the Irish Economy !!!


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