More Good news: Kodak Turns A Profit This Quarter

Discussion in 'Industry News' started by RattyMouse, Apr 29, 2013.

  1. RattyMouse

    RattyMouse Subscriber

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  2. whowantstoast

    whowantstoast Member

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    Last edited by a moderator: Apr 29, 2013
  3. ambaker

    ambaker Subscriber

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    Time will tell if it is a good idea or not. It could be that there is no good idea that will reverse fortunes.

    A lot depends on the decisions made, and the resources used to support those decisions.

    Hopefully, a year from now, we will all be discussing the day that film "turned the corner".

    Sent from my iPad using Tapatalk HD
     
  4. Jeff Kubach

    Jeff Kubach Member

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    I hope Kodak can keep it up.

    Jeff
     
  5. Dan Henderson

    Dan Henderson Member

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    The first sentence of the article credits the profit to a sale of its digital imaging patents. I know that in the business world this a perfectly acceptable way of reporting financial information. But to a simpleton like me, this is akin to a traveling salesman selling his car then saying that he made money that month.
     
  6. moviemaniac

    moviemaniac Member

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    My thoughts exactly, this is a very short-term one-off occurrence. After the pending sale/transfer of the imaging division they don't have anything left to sell off and only then will we be able to see whether the day-to-day business of what's left of Kodak will be profitable.
     
  7. Sirius Glass

    Sirius Glass Subscriber

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    Recovery takes place a piece at a time.