Re: @Robert Sneddon
IMHO I believe Kodak's major failing was the fact that they had no digital camera manufacturing abilities - Kodak always used third-party suppliers for their digital camera business. For the SLR's they built on Nikon bodies, for the compact point-and-shoots they used Chinon.
This was a MAJOR mistake. The early digital market was point and shoots, as dSLR's were simply too expensive to even resemble "mass market", but Chinon was in no real condition to compete once Nikon, Canon and Sony got into the market. For a while, Kodak was just about the only major name brand player in town, in regards to digital compacts, so people bought the Kodak products. Once Nikon and Canon started up their own product lines, however, Chinon, and therefore Kodak, were not equipped to compete - Chinon's tech stagnated and by the time Kodak fully integrated Chinon into itself, in 2004, it was too little, too late.
Kodak did itself no favors by having only a strategic agreement with Chinon in the early years rather than do everything in-house.
Then again, now that I think about it more, Kodak lost its compact camera design mojo by the 1970's and maybe this was inevitable, considering the wholesale industry paradigm shift that digital brought which killed photographic supplies sales and shifted the market to (almost) completely hardware based.