Kodak to Stop Making Cameras, Digital Frames

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I can’t tell you how depressing this is to me. These are the only digital cameras I buy. I specifically participated in Black Friday last year just to replace my Burning Man playa dust covered other Kodak. I’m going to keep them, but I guess I need to find a replacement camera for me. I’ve always loved Canon Rebels, but wanted for the price to come down. Started around $1,000 – now they’re about $500-$600.

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Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames in order to focus on its more profitable businesses.

The storied photography company, which filed for bankruptcy protection last month, says it will phase out those product lines in the first half of this year.

Eastman Kodak Co.’s consumer business will focus on photo printing and desktop inkjet printers.

Kodak says it’s working with its retailers to ensure an orderly transition. The company will continue to honor product warranties and provide technical support for the discontinued products.

The moves are expected to result in annual savings of more than $100 million. The Rochester, N.Y., company expects to take a charge of about $30 million related to the decision. (AP)

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