May 11, 2005

Kodak Attains Number One Sales Spot in US

Kodak has certainly had its ups and downs, but recent numbers indicate the camera maker has bumped Canon for the number one slaes position in the United States. Kodak shipped 900,000 point-and-shoot digital cameras to domestic retailers in the January-to-March quarter - 41 percent more than in the first quarter of 2004 - and its market share rose to 20.4 percent from 18.1 percent a year ago, according to IDC, based in Framingham, Mass. Canon Inc. strengthened to a second-place ranking with 850,000 shipments, up 72 percent from a year ago. Its slice of the U.S. market surged from 14 percent to 19.3 percent, IDC said. Sony Corp., the perennial front-runner, dropped down to third spot with 800,000 shipments, or 18.1 percent.

More than 22.3 million digital cameras were shipped nationwide in 2004, up from 16.4 million in 2003, IDC analyst Christopher Chute said. In 2005, an estimated 27.3 million cameras will be shipped to U.S. retailers.