November 05, 2007

Kodak Photo Printing Kiosks Doing Good

Nov 2: Eastman Kodak Co. swung to third-quarter profit on a 1% sales decline, in another sign its transition from high-profit film to digital photography and printing is creating a viable business. Revenue in the consumer digital business increased 1.3% to $1.12 billion as stronger-than-expected sales of digital cameras and retail print-making kiosks were offset by declines in photofinishing.

Kodak also is looking for future growth from new technologies that are starting to appear in products. Next year it will introduce an advanced inkjet printer for the printing industry that is expected to provide cost and quality advantages over current digital-print technologies. Story on the WSJ.

Posted by staff at November 5, 2007 12:23 PM