Digital revenue drives Kodak profit up (AP)

A Kodak representative holds a Kodak digital camera at the Kodak booth at the Consumer Electronics Show in Las Vegas, Jan. 8, 2008. Eastman Kodak Co., wrapping up a four-year digital makeover, on Wednesday, Jan. 30, 2008 reported it hauled in a much higher $215 million profit in the fourth quarter, lifted by a 15 percent bump in digital sales and a jump-start in the lucrative inkjet printer market. (AP Photo/Paul Sakuma)AP – The final cost of Eastman Kodak Co.’s four-year overhaul is in: $3.4 billion to close aged factories and eliminate 29,000 jobs as it raced to convert the bulk of its century-old business from silver-halide film to digital photography.

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