Polaroid reports fourth quarter loss

CAMBRIDGE — Polaroid, Inc. reported a fourth quarter operating loss of $15.5 million, or 34 cents a share. That compares with a net income of $29 million, or 64 cents a share in the corresponding quarter a year ago. Polaroid reported sales fell this year 22 percent to $506 million from $650 million. The company is trying to regain profitability by sales of its new instant photography products, digital photography and services, the Boston Globe reported.