So let me see if I understand. Everyone and their grandmother jumped ontot he digital bandwagon and started losing money hand over fist (Kodak - setting the standards)... Those who went the other way (Ilford) remains to be seen. In the land of the blind, the one-eyed is king?
Bloomberg:
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Fuji Photo to Cut 5,000 Jobs; Slashes Profit Forecast (Update1)
Jan. 31 (Bloomberg) -- Fuji Photo Film Co., the world's fifth-biggest digital camera maker, slashed its full-year profit forecast by 77 percent and said it will cut 5,000 jobs as it reorganizes its photographic business.
Tokyo-based Fuji Photo said today in a statement released at the Tokyo Stock Exchange it now expects 20 billion yen ($170.2 million) net income this business year, compared with its previous forecast of 85 billion yen.
Net income fell 18 percent to 60.2 billion yen in the nine months ended Dec. 31, compared with 73.5 billion yen a year earlier, according to the statement. Sales rose 4.9 percent to 1.99 trillion yen from 1.89 trillion yen.
Fuji Photo, like many of its rivals, is being squeezed by falling prices and a shrinking domestic market for digital compact cameras. Konica Minolta Holdings Inc. earlier this month said it will exit a century-old camera business, and Olympus Corp. cut jobs at its camera unit to focus on health-care instruments.
Shares of Fuji Photo, which gained 4.3 percent last year, lagging behind the 40 percent rise in Japan's benchmark Nikkei 225 Stock Average, closed down 30 yen at 4,020 yen in Tokyo today."