Kodak and Canon Seek Alternative Revenue Drivers
The Bedford Report Provides Stock Research on Eastman Kodak & Canon
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/21/11 -- The rapidly growing presence of high quality digital cameras in mobile devices like smartphones and tablets continues to threaten revenues of camera makers. Several companies within the photographic equipment and supplies industry are seeking alternate revenue streams to compensate for the weakened market. The Bedford Report examines the outlook for companies in the Photographic Equipment & Supplies Industry and provides equity research on Eastman Kodak Co. (NYSE: EK) and Canon, Inc. (NYSE: CAJ). Access to the full company reports can be found at:
Over the last few years, smartphones such as the BlackBerry and iPhone have slowed the purchase rate of "point and shoot" cameras significantly -- particularly entry level compact cameras which have relatively the same features as smartphones. According to the market research firm NPD Group, Point and shoot camera revenues have slipped 24 percent to $1.9 billion, from $2.4 billion since 2008. While easy to blame it on the recession, sales are still falling since the recession eased.
The Bedford Report releases stock research on the Photographic Equipment & Supplies Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.
Kodak received a recent revenue boost from a licensing deal with IMAX though. Kodak agreed to provide laser projection technology to IMAX in a10-year deal. Kodak will also receive an upfront payment in excess of $10 million. The move is line with the company's aim of raising $250-$350 million this year by licensing intellectual property.
Camera makers like Canon Inc. have fared significantly better largely in part to its lack of reliance on digital camera revenue. Canon is still highly competitive in the printing and copying business as well as several other markets.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
Contact:
The Bedford Report
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 21.10.2011 - 06:16 Uhr
Sprache: Deutsch
News-ID 1048515
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
NEW YORK, NY
Phone:
Kategorie:
Investment Services & Trading
Anmerkungen:
Diese Pressemitteilung wurde bisher 64 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Kodak and Canon Seek Alternative Revenue Drivers
"
steht unter der journalistisch-redaktionellen Verantwortung von
The Bedford Report (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
