It's the gravy train. Kodak was an innovator in digital cameras and photography. But film was like 90% profit. Moving their business to digital would have meant a significant decrease in revenue and that would have hurt the quarterly earnings. So, they never were able to wean themselves from that teat.
It's the gravy train. Kodak was an innovator in digital cameras and photography. But film was like 90% profit. Moving their business to digital would have meant a significant decrease in revenue and that would have hurt the quarterly earnings. So, they never were able to wean themselves from that teat.