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Digital Photography - Kodak's punishment for ditching DSLR's and going with P&S's only |
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This company could write a book about bad business decisions.
Kodak Consumer Digital Imaging sees sales fall Thursday, 29 October 2009 17:50 GMT Kodak has reported that its business division that includes digital cameras suffered a 49% fall in sales (compared to the same period last year) in the third quarter of 2009. "Continued declines in consumer spending have had significant impacts in the company's digital camera and digital picture frame businesses," it said. The sales drop has primarily been due to a decline of approximately $157 million in intellectual property royalty revenues, the company said. The division did report a 92% leap in consumer inkjet printer and ink sales that meant, after royalties were excluded, overall sales in the business grew. Despite this, the division posted an $89m loss, compared to a $24m profit in the same period 2008. Rich |
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#2 |
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Is it because of the use of plastic?
Glen |
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Plastic Grey sucks.
Charles |
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Rich <> wrote:
>This company could write a book about bad business decisions. > > >Kodak Consumer Digital Imaging sees sales fall >Thursday, 29 October 2009 17:50 GMT And I bet that you don't even know what those decisions were. Tell us: did YOU invest a lot of money into digital imaging products 15 years ago? Or are you just playing armchair quarterback and pretending that you're something other than an ignorant ass? -- Ray Fischer Ray Fischer |
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Glen wrote:
> Is it because of the use of plastic? <grin> I'm sure that RichA thinks so. -- W . | ,. w , "Some people are alive only because \|/ \|/ it is illegal to kill them." Perna condita delenda est ---^----^--------------------------------------------------------------- Bob Larter |
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#6 |
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"Rich" <> wrote in message news:9ca332f4-bda9-4db7-a103-... > This company could write a book about bad business decisions. > > > The sales drop has > primarily been due to a decline of approximately $157 million in > intellectual property royalty revenues, the company said. Anyone know what this actually means, as intellectual property royalty revenues doesn;t appear to mena camera sales of any sort. > > The division did report a 92% leap in consumer inkjet printer and ink > sales that meant, after royalties were excluded, overall sales in the > business grew. Buisness grew ? >Despite this, the division posted an $89m loss, They *posted* it didn;t say they had a loss. I sense a tax scam, oh look no profit so we shouldn't have to pay tax. > compared to a $24m profit in the same period 2008. whisky-dave |
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#7 |
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"whisky-dave" <whisky-> wrote in message news:hceqkg$aoa$1@qmul... > > "Rich" <> wrote in message > news:9ca332f4-bda9-4db7-a103-... >> This company could write a book about bad business decisions. >> >> >> The sales drop has >> primarily been due to a decline of approximately $157 million in >> intellectual property royalty revenues, the company said. > > Anyone know what this actually means, as intellectual property royalty > revenues > doesn;t appear to mena camera sales of any sort. > >> >> The division did report a 92% leap in consumer inkjet printer and ink >> sales that meant, after royalties were excluded, overall sales in the >> business grew. > > Buisness grew ? > > >Despite this, the division posted an $89m loss, > They *posted* it didn;t say they had a loss. > I sense a tax scam, oh look no profit so we shouldn't have to pay tax. > > >> compared to a $24m profit in the same period 2008. Put down the whisky Dave, it's not helping your typing skills. Richard |
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On Fri, 30 Oct 2009 13:44:48 -0000, "whisky-dave"
<whisky-> wrote: > >"Rich" <> wrote in message >news:9ca332f4-bda9-4db7-a103-... >> This company could write a book about bad business decisions. >> >> >> The sales drop has >> primarily been due to a decline of approximately $157 million in >> intellectual property royalty revenues, the company said. > >Anyone know what this actually means, as intellectual property royalty >revenues >doesn;t appear to mena camera sales of any sort. > Intellectual property describes that which is a creation of the mind: inventions, designs, images, etc. If Kodak has a patent on a design, and allows some other company to use that patented design for a fee, that income is intellectual property royalty. If the patented design is only used in a film camera, the revenue would decline as fewer film cameras are sold by the companies that incorporate Kodak's designs in their cameras. I have no idea what patents Kodak owns, but let's say they have patented a design to advance the film in a camera. Other camera makers may pay a royalty to Kodak to use that design in their cameras. -- Tony Cooper - Orlando, Florida tony cooper |
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On Fri, 30 Oct 2009 08:05:45 -0700, John Navas
<> wrote: >On Fri, 30 Oct 2009 10:34:09 -0400, tony cooper ><> wrote in ><>: > >>I have no idea what patents Kodak owns, ... > >Pretty easy to find out. But I don't need to find out to answer the question. The question was what intellectual property right revenues have to do with declining Kodak sales in the camera market. The question was not "Which Kodak intellectual property rights revenues have declined?". -- Tony Cooper - Orlando, Florida tony cooper |
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Ď "Charles" <> Ýăńářĺ óôď ěŢíőěá news:hcd5ml$gsb$... > Plastic Grey sucks. > My crappy P&S camera, www.nytech.de is made of die-cast aluminium and has a real glass LCD screen window. After almost 3 years of use, it's as good as new, while other P&S shooters' look scratched. Strangely enough is made in China, but with a Pentax lens (and a Sony sensor). As usually, www.esnips.com/web/dimtzortsphotos -- Tzortzakakis Dimitrios major in electrical engineering mechanized infantry reservist hordad AT otenet DOT gr Tzortzakakis Dimitrios |
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