1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Kodak files for Bancruptcy in USA.

Discussion in 'General Chat' started by Sandra, Jan 19, 2012.

  1. Sandra
    Offline

    Sandra MODERATOR Staff Member Moderator

    Joined:
    Sep 12, 2010
    Messages:
    15,935
    Likes Received:
    2,300
    Kodak filing for Bancruptcy in the states. A spokesman for the company blames the mobile phone industry as there downfall. They will continue to supply printers, paper and ink for the moment.
    #1
  2. Khufu
    Offline

    Khufu Active Member

    Joined:
    Jan 2, 2003
    Messages:
    5,703
    Likes Received:
    30
    thats not too good. I thought they had announced that they were releasing a new range of camera?
    #2
  3. Sandra
    Offline

    Sandra MODERATOR Staff Member Moderator

    Joined:
    Sep 12, 2010
    Messages:
    15,935
    Likes Received:
    2,300
    #3
  4. sportstractor
    Offline

    sportstractor Chugger

    Joined:
    Nov 25, 2009
    Messages:
    2,715
    Likes Received:
    31
    Saw this on Peter jones twitter. To be honest I'm not surprised. With digital cameras and phone camera now the norm, Kodak seem to be market leaders in nothing. I think they supply the filming industry?
    #4
  5. warren_S5
    Offline

    warren_S5 Moderator Staff Member Moderator

    Joined:
    Oct 31, 2007
    Messages:
    7,176
    Likes Received:
    2,358
    Line 'em up, watch em fall.

    If you see the senior management bill for most of these established corporates they either need to be selling in enormous volumes (energy), selling something hugely expensive that you hope to never call on (insurances), selling fresh air (telecoms airtime), or Apple / John Lewis to survive!

    A terrible shame, but I can imagine there is a financial institution or venture capitalist waiting in the wings to asset strip!

    Pity the poor non management staff who just wanted to do a days work for a days pay.
    #5
  6. ScottD3
    Offline

    ScottD3 I want your faulty electronics

    Joined:
    Nov 24, 2010
    Messages:
    15,086
    Likes Received:
    1,010
    I fear we will see more of these this year. :(
    #6
  7. Sandra
    Offline

    Sandra MODERATOR Staff Member Moderator

    Joined:
    Sep 12, 2010
    Messages:
    15,935
    Likes Received:
    2,300
    Im sure your right. Was just reading in the times that there are a few retail outlets in trouble.
    #7

Share This Page