ase & Co., in 2002. Bank One sold Polaroid in 2005 for $426 million to Petters Group Worldwide, a holding company for numerous consumer brands" (Duiser 9).
For some reason which has really yet to be explained, Polaroid simply stuck to its elemental instant photo business. Polaroid failed to see the progress of digital technology that has changed not only picture tasking but processing. Polaroid simply stuck to its belief that many photographers who had gotten used to their old Polaroid cameras would hold on to them. Management was wrong. Polaroid is now privatelyt held, and so it is difficult to get specific repports or comments. But, nearly every other critic in t
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