Kodak Posts Q1 loss of $246M; 14% decline in film revenues

[nickrapak]

From WSJ: http://online.wsj.com/article/BT-CO-...28-718091.html

The Rochester, N.Y., company, once a titan of consumer photography that made the "Kodak moment" a household phrase, has struggled in recent years as it recasts itself as a digital imaging powerhouse. Kodak said revenue from its film business fell 14% to $367 million, hurt by increased raw material costs as the price of silver and aluminum has skyrocketed in recent months.

The ever-rising silver price does not bode well for EK. I am afraid that once silver hits a tipping point, you will see wholesale discontinuations or price increases by all of the big 3, especially EK and Fuji.

[Jeff Kubach]

Just buy more Kodak film and other stuff!

Jeff

[M.A.Longmore]

Just buy more Kodak film and other stuff!

Jeff

.
Maybe, They should advertise more Kodak Film, and other stuff !

Or promote analog photography on Facebook, and Twitter, and YouTube.
And at Kodak.Com, it's somewhat difficult to find film on their site ...

Ron
.

[Sirius Glass]

Buy more film. If you do not do that now, you may not be able to do it later.

Steve

[jnanian]

.
Maybe, They should advertise more Kodak Film, and other stuff !

Or promote analog photography on Facebook, and Twitter, and YouTube.
And at Kodak.Com, it's somewhat difficult to find film on their site ...

Ron
.

i have been saying this for years ...
they haven't advertised an analog product
to the general public in more than a decade ..
and the ceo announces that film photography
is dead ... and they wonder why sales are down ??

these announcements about the decline of big-yellow are depressing

[Sirius Glass]

Because regardless of the money spent, film ads do not change the sales numbers. That is why Kodak stopped sponsoring the Olympics.

Steve

[sepiareverb]

Buy it while you can, the big yellow submarine is going down for good.

[Photo Engineer]

I've posted Kodak film ads here on APUG that I copied from Rangefinder magazine just a few years back. I did this in response to just the same sort of thread. They were advertising in the face of a severely declining market, twice the current decline. These last 3 years, 2008, 9 and 10 were difficult due to the economy and due to the motion picture industry that we discussed to death in another thread.

Yes, Kodak is doing poorly. So is Fuji and for the same reasons plus some problems with supply as you may remember in yet another thread.

Analog sales are doing very poorly world wide and there probably will be no turning around the big two. Ilford and some of the smaller companies will probably make it, but the answer is to buy Kodak film if you want to have good negative color films to shoot. And, all of the B&W products we love as well.

PE

[TimmyMac]

Because regardless of the money spent, film ads do not change the sales numbers. That is why Kodak stopped sponsoring the Olympics.

Steve

Nontraditional advertising avenues have a lot of potential, I think, to improve film sales.

[Sirius Glass]

Nontraditional advertising avenues have a lot of potential, I think, to improve film sales.

Please feel free to invest in those advertising avenues. I hope that they work.

Steve