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Comment by TheOtherHobbes

I had a Kodak digital camera in 2003. It was no better or worse than competing consumer digital cameras - i.e. it was a usable but mediocre affordable snap cam.

I think where Kodak lost it was failing to bring high end technology into compacts. Kodak had a big stake in professional digital cameras before 2000. It's completely wrong to say they weren't in the market. In fact they almost owned it. The first professional digital bodies were being sold by Kodak in 1991, and the former sensor division is still going under another name.

But they didn't seem to understand that the same technology was going to move into affordable prosumer cameras, and eventually into consumer snap cameras.

They certainly didn't understand it was going to move into mobile phones, where it would kill consumer film cameras. And they totally failed to anticipate photosharing culture online.

To be fair, I think almost everyone underestimated mobile. I had a Nokia 9500 Communicator with a camera at around the same time I had the Kodak. The quality was pretty bad, and there was nowhere near enough bandwidth to consider photo sharing.

Now I have an iPhone with a camera which can give an old SLR a run for its money, and photo sharing is no problem.

The difference is that Kodak were creating products - technological artefacts for a single purpose.

Jobs and co were creating a culture - a set of experiences that include hardware, software, marketing, and media attention.

Culture companies are much more likely to kill product companies in the same niche than vice versa.

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