Kodak Film Sales Decline Further

[Suhit Gupta]

http://www.rochesterdandc.com/biznews/0722V54VVJK_business.shtml

In related news (i.e. related to the higher resolution camera phones news), Kodak reported that their film sales have declined further.

"According to the Rochester Democrat and Chronicle, Kodak is winning the battle to ditch film with more people taking and printing digital images with its products. Sales of digital cameras, printers, and accessories nearly doubled during April, May and June, while traditional film sales fell by 8%. The decline of film has been quicker than expected and its plans to cut 15,000 by 2007 are ahead of schedule, with profits of $253m higher than Kodak's previous predictions."

[Suhit Gupta]

http://www.rochesterdandc.com/biznews/0722V54VVJK_business.shtml

In related news (i.e. related to the higher resolution camera phones news), Kodak reported that their film sales have declined further.

"According to the Rochester Democrat and Chronicle, Kodak is winning the battle to ditch film with more people taking and printing digital images with its products. Sales of digital cameras, printers, and accessories nearly doubled during April, May and June, while traditional film sales fell by 8%. The decline of film has been quicker than expected and its plans to cut 15,000 by 2007 are ahead of schedule, with profits of $253m higher than Kodak's previous predictions."

[Lee Yuan Sheng]

Not surprising, given that there's a phobia against film for some, and that digital is getting better and better.