You're spot on and what happened to the company as a result is tragic. Kodak pioneered digital camera technology, patenting their first digital camera in 1978

You're spot on and what happened to the company as a result is tragic. Kodak pioneered digital camera technology, patenting their first digital camera in 1978 and developing a digital SLR in 1989. Unfortunately they chose to shelve it all rather than market it in fear of cannibalizing film sales.