Kodak Revamps Internet Site to Let Users Store, Edit Pictures
--From AOL.-- Cooters
Rochester, New York, Sept. 25 (Bloomberg) -- Eastman Kodak Co., the world's biggest photography company, said it revamped the kodak.com Web site to let users store, edit and share photographs so it can compete better with Internet photo-printing services.
The company wants to make the Web site more attractive to consumers, who can choose from other companies that provide photo- printing orders over the Internet. Kodak's Web site has been difficult to use in the past, analysts said.
``If you wanted to upload pictures from a site, Kodak wouldn't come to your mind pretty quickly.'' said Gibboney Huske, an analyst at Credit Suisse First Boston, who has a ``strong buy'' rating on the shares.
Digital photography, which doesn't use film, is expected to become the main way for taking pictures as the technology improves and costs drop. Film sales accounted for about two-thirds of Kodak's $14.1 billion in sales last year. Kodak has been making investments in companies that store and print photos on the Internet.
The shares of Rochester, New York-based Kodak rose 75 cents to 59 in New York Stock Exchange trading. They've dropped 11 percent this year.
Sep/25/2000 22:04 ET |
