Have to make money somehow.
http://members.whattheythink.com/news/index.cfm?id=40740
Kodak's revenue drops 26%, loss of $81M on quarter
Friday, October 30, 2009
For the third quarter of 2009:
* Sales worldwide totaled $1.781 billion, a decrease of 26% from $2.405 billion in the third quarter of 2008, including 2% of unfavorable foreign exchange impact. Revenue from digital businesses totaled $1.209 billion, a 26% decline from $1.641 billion in the prior-year quarter, primarily as a result of the global recession and continued restrictions in the credit markets that are dampening commercial printing purchases. Revenue from the companys traditional business decreased 25% to $572 million, in line with the industry decline.
* The companys third-quarter loss from continuing operations, before interest expense, other income (charges), net, and income taxes was $81 million, compared with earnings on the same basis of $147 million in the year-ago quarter.
So in summary, Kodak is failing because it's failed to capitalise on the money it's spent on R&D into digital cameras, meanwhile other companies are doing fine just stealing their ideas.
Or... Kodak spends N (m/b)illion on R&D which it needs to recoup so forcing up the price of it's products. Apple spends ZERO on R&D and chooses to make huge profits instead using somebody else's work.
Sounds vaguely familiar.