rogerzilla
Well-known
Is there really any money in the inkjet business? I thought it all got commoditised five years ago, just as PCs did before that.
Kodak should sell the still film business to Maco or, better, Leica.
Kodak should sell the still film business to Maco or, better, Leica.
nonuniform
Established
Kodak sells the ccd business to finance the foray into printers. Printers are a dying business. Maybe that's their strategy, corner the market on dead products.
hausen
Well-known
I am in Business sales, seems to me Kodak is selling what is saleable and what they can get actual CASH for and it seems like the extra bonus is that these are the most costly divisions relating to R&D. The recession means numerous businesses throughout the world are returning lower profits and all have to make decisions on how to survive in current times. Kodak has to do something or they will fail. Not saying I agree with future direction they might be taking but if they do nothing they fail. If they sell of assets to reduce debt they have at least a "possibility" of saving the company. If they did nothing and failed I am sure there would just as much of an outcry as there is now about them selling of assets.
Keith
The best camera is one that still works!
I think they should use some of that cash to embark on a serious advertising campaign for film and see if they can cut into the digital market!

I think they should use some of that cash to embark on a serious advertising campaign for film and see if they can cut into the digital market!
![]()
That would be a good way to lose cash...
nonuniform
Established
Totally agree that divestiture is an important part of managing the business. I question the decision to sell the CCD business to finance printers. Yes, CCD technology is an expensive R&D effort, but the upside for licensing is much greater than trying to compete in a very mature volume business where innovation is largely dead.
I am in Business sales, seems to me Kodak is selling what is saleable and what they can get actual CASH for and it seems like the extra bonus is that these are the most costly divisions relating to R&D. The recession means numerous businesses throughout the world are returning lower profits and all have to make decisions on how to survive in current times. Kodak has to do something or they will fail. Not saying I agree with future direction they might be taking but if they do nothing they fail. If they sell of assets to reduce debt they have at least a "possibility" of saving the company. If they did nothing and failed I am sure there would just as much of an outcry as there is now about them selling of assets.
Keith
The best camera is one that still works!
That would be a good way to lose cash...![]()
At least they'd be going down fighting and would earn our total respect!
jarski
Veteran
sounds to me same when farmer starts shooting his cows. he eats well for a while, but then nothing.
N
Nikon Bob
Guest
One thing we don't see is the top executives saying: "We'll cut 100% of our wages and bonuses for the coming 5 years to save the company"
Will we?
That particular group in society do not seem to lead by example but expect everyone else to take the hits. Used to be that royalty though that they had "the divine right of kings".
Bob
hausen
Well-known
Never met anybody in my life who would be happy to work for free though.
johannielscom
Snorting silver salts
Still hoping for Kodak to return to their roots and concentrate on printing, scanning (!?) and film. They'd be stupid to ditch it all after developing new emulsions, having sales channels and a brand name to kill for.
That sensor business sale might give them some funds to R&D printing and scanning.
Fingers crossed.
Related: I'll be developing my first Tri-X @800 soon. See if I like it!
That sensor business sale might give them some funds to R&D printing and scanning.
Fingers crossed.
Related: I'll be developing my first Tri-X @800 soon. See if I like it!
IK13
Established
I am in Business sales, seems to me Kodak is selling what is saleable and what they can get actual CASH for and it seems like the extra bonus is that these are the most costly divisions relating to R&D. The recession means numerous businesses throughout the world are returning lower profits and all have to make decisions on how to survive in current times. Kodak has to do something or they will fail. Not saying I agree with future direction they might be taking but if they do nothing they fail. If they sell of assets to reduce debt they have at least a "possibility" of saving the company. If they did nothing and failed I am sure there would just as much of an outcry as there is now about them selling of assets.
I think you're right - they are selling what they can get cash for right away.
There is a thought - if they manage to sell their chemical production, film and paper, basically everything that used to define them, and "survive"...would you care if the company name is not dead (making iPhone covers or printers or whatever)?
jarski
Veteran
wish buyer had been Leica. they are using Kodak's sensors, and now might have similar uncertainty than with DMR's Imacon sensor.
I Love Film
Well-known
Fiddling while Rome burns:
http://www.amateurphotographer.co.u...4m_on_private_jets_to_Vegas__news_310335.html
http://www.amateurphotographer.co.u...4m_on_private_jets_to_Vegas__news_310335.html
Fiddling while Rome burns:
http://www.amateurphotographer.co.u...4m_on_private_jets_to_Vegas__news_310335.html
What? There is a global recession going on?
IK13
Established
What? There is a global recession going on?
Only for you, me and the poor b*****ds that worked for this suit.
I'm yet so see a high level executive cut down on anything, because the times are tough...
hendriphile
Well-known
I wonder how people would feel about that if it were the Leica brand... but that's a topic for another thread
Cheers,
Dave
Now you're talking... a "Leica M" assembled in China with a sensor made in Taipei!
N
Nikon Bob
Guest
Never met anybody in my life who would be happy to work for free though.
Well, I don't think anyone is seriously suggesting that senior execs work for nothing. What grinds on most people is how much the wage gap has increased over 30 years between the shop floor worker and the execs. If the change actually is anything like in this article http://blogs.law.harvard.edu/corpgov/2011/08/11/why-ceo-to-worker-pay-ratios-matter-to-investors/ you really have to wonder on what planet that is justifiable and are you really getting good value for your money at the executive level if you invest in a company.
Bob
Trius
Waiting on Maitani
Kodak sells the ccd business to finance the foray into printers. Printers are a dying business. Maybe that's their strategy, corner the market on dead products.
I believe the focus is on digital presses, a whole different class than desktop printers. That's definitely not a dying business.
semilog
curmudgeonly optimist
Tim Cook (Apple): I'm thinking printers!
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