Nokia Strong as Kodak Bombs

Though Kodak went bankrupt during the week, things aren’t all bad for pioneers in the field of technology.

Nokia has seen estimates suggest it sold 1.3m Lumia Phones since their release in the last quarter of 2011. This figure was gotten by Bloomberg, who compared a 23 experts and analysts’ predictions and averaged them.

With estimates ranging from between 800,000 to 2m units sold, the Lumia has been the Finnish company’s best performer for a long time. The Lumia 710 and Lumia 800 were considered by many as the nail in the Nokia coffin before their release, with many questioning the companies movement to a Windows operating system only as a fatal issue. However, considering the phones have pushed over the million mark in the space of slightly over two months release and Nokia will probably be quite happy.

Such a move would put Nokia back to the fore of the mobile phone field, but make investors in both Windows 7 and Nokia, less anxious. Of course the Nokia Lumia and its 3.7 inch screen make a great companion for mobile slots.

Kodak, on the other hand has had to file for bankruptcy, after months and months of speculation. The company, which invented the digital camera, is filed for Bankruptcy protection having failed to sell its patents, valued at $2Billion.

Kodak have seen a number of efforts fail to find a resolution and recently were told they would have to remove their shares from the NYSE, if they continued to stay below the one dollar rate. This has all resulted in the company filing for bankruptcy protection and is the end of the 130 year old company in the manner it has existed – perhaps they can get involved in some iPhone Casino Games