People must remember this. Billions of dollars in revenues evaporated. The best case scenario for Kodak would be to own the whole pile that's left...but it's a small pile no matter what, and many competitors for it. There is no big win for Kodak, even if they had dominated digital.
Oh, well, I see the trend here, all the usual suspects blathering on and on about the usual negative Kodak punching bag stuff. I get to use Kodak and other films everyday and will continue to do so for a long long time.
I have taken steps to ensure that after all.
Yes, that was exactly my point. Kodak could not have stayed the same and won. Fujifilm "won" but today's Fujifilm looks nothing at all like the Fujifilm of 15 years ago.
This, plus Kodak haemorrhaged its highly trained research and development talent when it needed that talent the very most.
I've mentioned it elsewhere on APUG previously, but the one instance which sticks with me is that of Kodak's digital optical storage team: its director was recruited by Seagate in Minnesota during the mid-1990s. Once relocated, he promptly hired his entire Kodak team of a dozen engineers and moved them to Minnesota all dozen of them boasting Ph.Ds in various optical engineering sub-disciplines. As talent and knowledge capital go, especially given the transitional time period, that's an incredible, difficult-to-replace loss of an exceptional brain trust. #braindrain
Actually, Fuji did not win. The two companies are about equal except for the base for Fuji shown in a previous post here. This type of company is illegal in the US, but Japan Incorporated allows this type of setup. So, Fuji has larger financial backing. Let's see how long those other divisions tolerate the losses in the film and film camera divisions though!
PE
Defended their top-of-the-line film imaging technology (see Sal's post above), marketing it as the higher quality option for discriminating photographers, while they concurrently worked to improve and control their newer digital imaging technology (again, see Sal above) and carefully blended it into their analog product lines as more appropriate for the birthday candles crowd.
For us, the marching orders were simple: "If it eats film, we like it. If it doesn't eat film but makes money, we might think about it. If it has nothing to do with film, we aren't interested." Project teams I had worked with for years evaporated overnight.
What happens when Hollywood stops buying film?
Fujifilm took the path that seems to keep them on a semi film manufacturing basis. Their most recent financial report published this week shows that they upped their INSTAX camera sales prediction for the year to 5 MILLION units. Five million film cameras sold!! In 2015 no less. That's amazing.
.....but has had dire consequences for other stakeholders, which include employees and customers. This is all part of a series of related, fundamental shifts. Much of it can be traced back to the 1980s, with a cascading effect thereafter. Off topic I guess.
No there was no connection between power point, Excel and the space shuttle.
They launched outside the allowable temperature window, you would not ignore warnings for the 4thJuly and light the blue paper?
Chernobyl staff performed an illegal test
Think three mile island was similar
Fukeshima reactor was designed to be unsafe and the sea walls were not as high as earlier Tsunami.
Well, to continue, Fuji would have failed if it were to be faced by US laws. Its parent company keeps it alive which operates under Japanese law. Kodak would have been great in Japan. Making 4x5 cameras, ignoring Polaroid, prepaid film processing....
PE
Kodak would have been great in Japan. Making 4x5 cameras, ignoring Polaroid, prepaid film processing...
PE
The iPhone would have been a EKPhone...
.
That's not true. Fuji makes great films and very innovative digital cameras. I think the difference with Fuji though is that continued making professional-level film cameras until recently, so they already had the technology in place to make cameras when digital came about. Kodak quit making high-end cameras decades ago and didn't have the ability to make pro-level cameras when digital came about. That's why they used Canon and Nikon film bodies as a basis for their digital cameras, which made cumbersome, large, expensive cameras compared to the digital cameras that Canon, Nikon, and Fuji began making themselves.
Thanks for giving me nightmares for the next month.
That is quite an interesting point if thought about in a wider context. Japan is not unique with regards to the closeness of big industrial companies to the state, the Koreans do it on an even bigger scale, here in Europe one could claim this closeness was key to the German success story.
That is quite an interesting point if thought about in a wider context. Japan is not unique with regards to the closeness of big industrial companies to the state, the Koreans do it on an even bigger scale, here in Europe one could claim this closeness was key to the German success story. As you and a few others experienced the downfall of Kodak first hand how much of that do you feel was due to endemic factors in the US corporate world at the time and how much was just down to bad management decisions. It sounds like its maybe 50/50?
That is quite an interesting point if thought about in a wider context. Japan is not unique with regards to the closeness of big industrial companies to the state, the Koreans do it on an even bigger scale, here in Europe one could claim this closeness was key to the German success story. As you and a few others experienced the downfall of Kodak first hand how much of that do you feel was due to endemic factors in the US corporate world at the time and how much was just down to bad management decisions. It sounds like its maybe 50/50?
As you and a few others experienced the downfall of Kodak first hand how much of that do you feel was due to endemic factors in the US corporate world at the time and how much was just down to bad management decisions. It sounds like its maybe 50/50?
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