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Kodak was worth 31 billion USD in 1997. When adjusted for inflation, the entire digital camera market in 2017 [0] was worth about 1/3 of that. Even if Kodak w
by rangibaby 8y ago
Kodak was worth 31 billion USD in 1997.
When adjusted for inflation, the entire digital camera market in 2017 [0] was worth about 1/3 of that.
Even if Kodak was the biggest player in the digital camera market like they were with film, they would be worth less than half of what they were before.
Fujifilm managed to survive the end of film, but their stock price still hasn't recovered fully. Their imaging business made up 15% of their revenue in FY2017 [1]
[0] https://www.businesswire.com/news/home/20180528005328/en/Digital-Camera-Market-Global-Industry-Trends-Share https://www.businesswire.com/news/home/20180528005328/en/Dig...
[1]
https://www.fujifilmholdings.com/en/pdf/investors/other/ff_presentation_201804_001.pdf https://www.fujifilmholdings.com/en/pdf/investors/other/ff_p...
- lorenzhs 8y agoYou're comparing a valuation to the size of a market. Those things don't compare.