PetaPixel

Kodak Hopes to Win $1 Billion from Apple Over Camera Patent Dispute

With its photography-related businesses struggling and no end in sight to its stock’s free fall, Kodak is turning to patent infringement lawsuits as a way to generate revenue. The company is currently in a patent dispute with Apple (iPhone) and RIM (Blackberry) over a patent it holds for previewing image on camera phones, and hopes to generate over $1 billion in royalty revenues if it comes out victorious. Previously Kodak had used this same patent to win nearly $1 billion from Samsung and LG.

Of the $7.2 billion in revenues Kodak generated in 2010, $838 million was from patent royalties. Somehow this doesn’t seem like a sustainable strategy for the company to stop being “Apple in reverse”.

(via Bloomberg)


Image credit: Fight Night Punch Test by djclear904


 
  • http://www.online-pokerhu.com Online Póker

    Kodak came late to the digital age, clinging on to film when it was clear film would die. It looks as though this once great company will survive on one product, and law suits. What happens when others’ technology outpaces Kodak’s?

  • http://www.online-pokerhu.com Online Póker

    Kodak came late to the digital age, clinging on to film when it was clear film would die. It looks as though this once great company will survive on one product, and law suits. What happens when others’ technology outpaces Kodak’s?

  • Pingback: Kodak May Sell Valuable Patent at Center of Legal Battle with Apple

  • jkantor267

    Another joke patent. It’s time to start letting the judges involved know that their lives will never be the same if they uphold these.