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What is Kodak to do

As I was reading today’s news there is a story for which I  simply had to write a comment about…

Kodak ditches digital camera business

Kodak will “phase out its dedicated capture devices business” — which includes digital cameras, pocket video cameras and digital picture frames — in the first half of 2012.

Wow !   Talk about an  iconic symbol  that could not make the digital transition…    Kodak was the company to use for film.  So many innovations have come out from this company since its inception in the mid 1880’s

Why did they not make the transition?   What happened?

Can’t wait to read the case study!