Kodak files for Chapter 11

Today Kodak filed for bankruptcy protection under Chapter 11. It’s incredible to see how this once so powerful company did everything wrong it possibly could do wrong, while direct competitor Fujifilm managed to do so well facing the same problems. There is an interesting story in the Economist about the difference in approach. The introductions at CES 2012 speak for themselves. While Kodak announced a couple of rather uninteresting new “me too” EasyShare compact cameras, Fujifilm announced its X-Pro1 with groundbreaking sensor technology…