The History Of Kodak In Milestones

mobile inquirer mobile related newsand opinion History Of Kodok Up to 2012 "As unfortunate rumors of Kodak filing for bankruptey spreads, we take a look at the history of a once dominant tech giant" 1880 George Eastman begins commercial production of dry plates for photography in a rented loft of a building in Rochester, N.Y. 1888 The name "Kodak" is born and the Kodak camera is marketed with the slogan, "You press the button, we do the rest." 1889 The Eastman Company is formed, taking over the assets of the Eastman Dry Plate and Film Company. 1892 The company becomes Eastman Kodak Company of New York.. The first Brownie camera, is introduced. Selling for $1 1900 and using film that costs 15 cents a roll, it brings hobby photography within financial reach. 1929 The company introduces its first motion picture film. Kodachrome film is introduced and becomes 1935 the first commercially successful amateur color film. 1951 The low-priced Brownie 8mm movie camera is introduced, followed by Brownie movie projector in 1952. 1962 The company's U.S. consolidated sales exceed $1 billion for the first time. Its work force tops 75,000. Kodak introduces a line of easy-to-use Instamatic cameras with cartridge-loading film (selling more than 50 million by 1970).. 1963 Five pocket-size Instamatic cameras that use smaller 1972 cartridges are launched. More than 25 million cameras sell in less than three years.. Kodak invents the world's first digital camera. 1975 The toaster-size prototype captures black-and-white images at a resolution of 10,000 pixels (.01 megapixels). 1981 Company sales surpass the $10 billion revenue mark. The next year, hometown payroll peaks at 60,400. Kodak enters the video market with the Kodavision Series 2000 8mm video system and introduces Kodak videotape cassettes in 8mm, Beta and VHS formats, along with a line of floppy disks for computers. 1984 1988 Global payroll peaks at 145,300. 1992 Kodak launches a writeable CD that its first customer, MCI, used for producing telephone bills for corporate accounts. 2003 Launch of Kodak Easyshare printer dock 6000, which produces durable, borderless 4-by-6-inch prints.. Kodak begins digital makeover, the same year it gets ejected from the 30-stock Dow Jones industrial average. It cuts tens of thousands of jobs as it 2004 closes factories and changes businesses. 2008 Kodak begins mining its patent portfolio, which generates nearly $2 billion in fees over three years. Kodak sues Apple and Research in Motion before the U.S. International Trade Commission, claiming the smartphone makers are infringing its 2001 patent for technology that lets a camera preview low-resolution versions of a moving image while recording still images at higher resolutions. Global employment falls to 18,800.. 2010 Kodak sues Apple and Research in Motion before the U.S. International Trade Commission, claiming the smartphone makers are infringing its 2001 patent for technology that lets a camera preview low-resolution versions of a moving image while recording still images at higher resolutions. Global employment falls to 18,800. 2011 Kodak begins shopping around its 1,100 digital-imaging patents. September 2011: Kodak hires Jones Day, a law firm that lists bankruptcies and restructuring among its stop specialities.. 2011 2011 Judge extends camera patent dispute into 2012. 2012 Wall Street Journal publishes rumours of potential Chapter 11 Bankruptcy filing. source: kodak.com mobile inquirer mobile reləted news and opinion www.facebook.com/mobileinquirer #Mobilelnquirer www.mobileinquirer corn