02.01.06
Kodak’s digital sales overtake film
Kodak digital sales made up 54% of total revenue for 2005, marking the first time in the company™s history that digital revenue exceeded film. The news came on the same day that the company reported that total losses for this year could top $1 billion, after the fifth consecutive quarter of losses – due mainly to the restructuring that the shift to digital required. On the positive side, sales of Kodak digital cameras are up.
