vrijdag, oktober 24, 2003
Eastman Kodak Co. handily beat Wall Street's forecasts with it's third quarter results. Excluding restructuring and other one-time items, earnings were $252 million, or 88 cents a share. That beat the consensus forecast of 57 cents a share among analysts surveyed by Thomson First Call. Sales rose 3 percent to $3.447 billion from $3.352 billion a year ago.
U.S. sales of consumer film products, including 35mm film and single-use cameras, fell 12 percent, hurt by price competition. Kodak controls about two-thirds of the U.S. film market but profits have been hit by falling prices.
De mindere verkoop van films door Kodak is dus niet veroorzaakt door de opkomst van digitale camera's, maar door concurrentie van lager geprijsde films van fabrikanten als Fuji.
U.S. sales of consumer film products, including 35mm film and single-use cameras, fell 12 percent, hurt by price competition. Kodak controls about two-thirds of the U.S. film market but profits have been hit by falling prices.
De mindere verkoop van films door Kodak is dus niet veroorzaakt door de opkomst van digitale camera's, maar door concurrentie van lager geprijsde films van fabrikanten als Fuji.
# posted by Jan-Edward : 16:24
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