Kodak wasn’t that notable as a camera maker when the transition happened. The companies that dominated the film camera market, Nikon and Canon, also dominate the digital camera market.
Kodak was the undisputed king of digital photography from the moment they invented it until about the year 1999, when Nikon finally came out with the D1.
The idea that Kodak somehow ignored digital is a weird silicon valley fairy tale. Kodak shipped a 6 megapixel digital camera in 1995, years before anyone even came close (arguably, the Nikon D1X was the first comparable competitor, and it hit the market in 2001). What killed Kodak was not resting on their laurels, it was actually overspending on R&D that went nowhere, like their disastrous entrance into the pharmaceuticals market.
Not surprising considering that the vast majority of people just use their smartphone as their digital camera. Both companies did just fine in the transition to digital, it was the transition to mobile that they lost out in.
I can very well see similar statements in 20 years:
"Not surprising considering that the vast majority of people just use robo taxis now. The ICE manufacturers did just fine in the transition to EVs. It was the transition to self-driving they lost out in."
You're using the word 'iPhone' where you mean 'smartphone'. Don't do that, you wouldn't call any car a Ford or any vacuum cleaner a Hoover either. Nor do you call any iPhone a Nokia, for that matter.
The idea that Kodak somehow ignored digital is a weird silicon valley fairy tale. Kodak shipped a 6 megapixel digital camera in 1995, years before anyone even came close (arguably, the Nikon D1X was the first comparable competitor, and it hit the market in 2001). What killed Kodak was not resting on their laurels, it was actually overspending on R&D that went nowhere, like their disastrous entrance into the pharmaceuticals market.