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Originally Posted by Andrew H.
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. But this wasn't the kind of change that Kodak could have dealt with even if they had seen it coming. They weren't a *real* camera company, and they had no expertise in electronics. But not all old-guard companies were washed away in the flood - higher end camera companies (Canon, Nikon, Olympus) *were* able to compete in the digital area because their expertise concerning lenses and light still counted...they just needed to get the electronics from someone else [Canon and Nikon are best thought of as lens manufacturers who happen to sell cameras]. But they had always gotten the film from others, too. Electronic companies (Sony, Panasonic) were able to use their electronics background to get into the market, although for their better products they had to rely on old-school camera [lens] manufacturers for their products - I think Sony usesZeiss lenses and Panasonic uses Leica.
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You will be surprised to find that Kodak is much more than a chemical company. In fact, Kodak built the first digital camera in 1975.
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Originally Posted by brianj6
There's a Border's around my area in Chicago that's usually full (and I go at off times). I'm sorry to hear they're doing badly.
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As is suggested by the above post, people are simply not buying books as frequently. This is why Borders is out of business.
My local Borders is now a golf store.