There was a time when Kodak controlled more than 90% of the US film market, and 85% of all camera sales. However, a lot can change in 35 years.
Aiming to extort money from Apple by suing iPhone-maker and save itself for bankruptcy, Kodak is now left with an egg on its face at the US International Trade Commission(ITC).
When Kodak tried to sue Apple and extort some money to save itself from bankruptcy, Apple turned the tables on Kodak and countered its claims. Apple still wanted to sue Kodak despite Kodak going bankrupt.
Kodak is in trouble. Big trouble! Almost a month after filing for Chapter 11 bankruptcy and mere days after shuttering its digital camera business, now Kodak is in mess where it has to face hostility from Apple.