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Originally Posted by Andrew H.
Even Standard Oil survived the change from whale oil (its original product) to petroleum.
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Holy Melville, Batman! I did not know that. That gives me hope that they (SO/Esso/Exxon) will adapt to new energy sources, and not try to sabotage any move away from petroleum.
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The same thing happened to Kodak. Kodak was basically a chemical company with expertise in film, although they did make a few low-end cameras. When digital cameras made film obsolete, Kodak's business was over.
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It should be noted that Kodak is still in pretty good shape in the document imaging business. They make scanners and imaging software.
They also continue to make film, including microfilm, which is, surprisingly, used quite a bit still.
(I recently told a Kodak software rep that they should partner with Google to make browser-integrated capture software...they could call it Kodachrome!
)
ApK