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Cake day: June 22nd, 2023

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  • Your’re mixing market cap and profits, but that’s the wrong comparison anyway.
    There’s no reason Kodak couldn’t invest in sensor development while keeping film production going - their expertise in colour and image processing would’ve given them a major advantage on the sensor market.
    Nikon was never a film company so they make for a poor comparison anyway, their expertise is in lenses. Fujifilm is a more direct competitor and a better match, they pioneered digital cameras and diversified their business while still producing film and as a result are still worth 22b today.