As Eastman Kodak Co. went bankrupt because of one mistake

Show original
You for certain know Eastman Kodak Co.. It was founded in 1881 and at some instant became the largest producer of photoequipment in the world. But once the firm made only one mistake which led it to crash. It happened in December, 1975. The employee of company Stephen Sasson addressed to bosses with idea which, in his opinion, could move heaven and earth. It was the idea of creation of the digital camera. On Stephen's idea, no film was necessary, it was not necessary to show and print anything. But the main income of Kodak gained just from sales those films. And here suddenly – the device without...
Analysis
×
Eastman Kodak Co.
Organizations