Via blogs.marketwatch.com/greenberg:
Eastman Kodak's (ek) press release today that the company is making "progress" in its digital strategy leaves out one key point: In recent quarters its digital sales have bee slipping from the year earlier. The real story at Kodak is its push into printers, which to my way of thinking is a Hail Mary approach at saving the company. It's unclear, however, whether its printers can really gain traction against entrenched competitors, especially Hewlett Packard (hpq) -- and especially if it prices printers above the competition in hopes to lure customers with lower-priced cartridges. ...