Hardly surprising since Kodak isn't much of a company anymore. They may never stop the bleeding at this point.
Kodak continues to suffer big losses
Kodak is going to go down as one of the best examples of a company who was unable (unwilling??) to adapt to new tech.
When you build your company around film and processing...and then see that those two products are going to be obsolete...perhaps it's best not to prolong the inevitable (Advantix!), but find a way to join the new market and invest in some R&D.
Their inkjet printers are not remotely the best value on the market. They continue to make good professional photo printers (and their "self serve" kiosks are also pretty good), but even those are being pushed aside by competitors offering better value in terms of buy in cost and maintenance.
EVERYONE saw the writing on the wall, back in the mid 90's. Eventually, digital was going to beat out film. Capacity, quality, etc were all growing at a pace that everyone in that industry could trend out and tell the future. Consumer buy in was huge, even early on. Pros were slower to adopt, but even they started to get on board when Nikon brought out their D series. Kodak seems like they were the only ones who couldn't (or wouldn't) change course.
Fuji (the second biggest producer of Film and provider of film processing) was able to do it with only a few hiccups in their business model. They all but abandoned the imaging solutions division and invested heavily in Electronic imaging. The economy is hitting them (like everyone else) but the company, at least, looks stable.
It's sad to see how far Kodak has fallen.....