Kodak's camera business has been losing money for a long long time. With the decline of P&S cameras and rise in good-enough cellphone cameras, this trend is just going to continue.

One of my friends asked what Kodak will continue to make. I told her that Kodak will still make film, to which she replied that she thought Kodak got out of the film biz. As it turns out, right now Kodak's film business is profitable.