'digital cameras'

Kodak to stop making digital cameras as struggles continue

By: |Feb 10th, 2012 at 12:00AM
Filed Under: Business
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Kodak said it will stop making digital cameras, pocket video cameras and digital picture frames in order to focus on more profitable products, reports the Associated Press. The move isn’t surprising, as the company is slowly emerging from last month’s Chapter 11 bankruptcy filing. “Our goal is to maximize value for stakeholders, including our employees, retirees, creditors, and pension trustees,” Kodak said in a press release. The company’s digital camera and picture frame product...