Goodbye to Kodak moments, company to stop making cameras

Eastman Kodak Company announced on Thursday it will no longer produce digital cameras during the first half of this year. The company filed for Chapter 11 bankruptcy in January and is ready to focus more on the company’s profitable areas. In a statement made by the company, they reported that they have “plans to phase out of the market for dedicated capture devices — digital cameras, pocket video cameras and digital picture frames — during 2012 to focus its Consumer Business on desktop inkjet, online and retail-based printing: areas that offer the most significant opportunities for profitable growth.”

Kodak will continue to provide camera accessories and batteries that are compatible with competitive brands and “honor all related product warranties.”