Kodak Consumer Digital Imaging sees sales fall
October 30th, 2009
Kodak has reported that its business division that includes digital cameras suffered a 49% fall in sales (compared to the same period last year) in the third quarter of 2009. “Continued declines in consumer spending have had significant impacts in the company’s digital camera and digital picture frame businesses,” it said. The sales drop has primarily been due to a decline of approximately $157 million in intellectual property royalty revenues, the company said.
Categories: Digital Camera Reviews