Kodak's fall was one of the fastest in recent history, but it isn't actually over yet. The company is in the middle of a restructuring process, which really means that shareholders, and everyone else that hasn't jumped off boat yet, are doing all they can to keep the brand alive and emerge from the ashes as it were.
As if losing its camera and film relevance wasn't enough, Kodak
sold its online photo service and, now, it has announced that it will stop selling consumer inkjet printers as well.
While it will continue to support the ones already active around the world, and sell supplies like ink and such, it won't make any new models and will cease selling the old ones soon as well.
We find the move strange, since it goes against what Kodak said back in February, when it stated it would focus on photo printing products and desktop inkjet printers.
At this point, we don't know what Kodak will be left with by the time it emerges as "a profitable, sustainable company" again.
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