You are not going to hear me ever defend many of the choices made by Perez and the Kodak board that led into the downward spiral and bankruptcy - other than the fact that they didn't eliminate photographic still films entirely.
I think, however, that they were faced with an incredibly difficult set of circumstances, and it would have taken an awful lot of luck and taking risks that turned out better than expected to have saved what we like most about the old Kodak.
Well I do agree, although under his management over that decade, it appears things were badly managed from the start when the company was still making good turnover.
I dont think that digital can be blamed entirely, but if they had the foresight, they probably could have made changes early on to downscale production rather than leaving it to the last minuite.
Their digital cameras were never ever that successful either, but its interesting that they are now introducing a cellphone with a "decent" camera inside, will be interesting to see how that goes.
Film seems to be the only decent thing that they can do and do well.
The good news is that the decline has halted, and sales seem to be increasing if anything.
I think with enough time and good marketing, business strategy, we will see a good future for film, even if less is being sold, there is still a market that exists. The key is to produce it profitably, and it looks like they are now able to do that by the looks of things.