Kodak leads US digital camera market

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Rochester, (New York): For the fourth straight quarter, Eastman Kodak Company retained its lead over Japanese rivals Canon Inc and Sony Corp in the US digital-camera market.

In the July-to-September period, digital camera shipments to domestic retailers rose nearly 13 per cent to 5.6 million from 5 million a year earlier, research firm IDC reported on Thursday.

Kodak shipped 1.25 million digital cameras in the quarter 21 per cent more than in last year's third quarter and its market share rose to 21.3 per cent from 19.8 per cent, IDC said.

Canon and Sony were tied for second place, each with one million shipments and a 17.7 per cent slice of the US market.

But longtime front-runner Sony, which clung to the number one spot with a 20 per cent share a year ago, backpedaled while Canon made up ground on its year-ago share of 16 per cent.

Fuji Photo Film Co jumped from seventh to fourth place with 483,000 shipments, an 8.6 per cent share, while Olympus Corp slipped down to a 7.1 per cent share and a virtual tie for fifth with Nikon Corp. Next was Palo Alto, California-based Hewlett-Packard Co with 6.7 per cent.

Worldwide, Kodak ranks third in digital camera sales behind Sony and Canon.

Kodak warned in September that a sluggish economy would likely force it to build fewer digital cameras for the end-of-year holiday season, when as much as half of all camera sales occur each year.