Hey akpssttt, I had the same problem with my kodak and even though I was able to turn on the camera, the lens would not come back in. So after awhile I just gave up took it to the repair shop and they still weren't able to fix it. So I left the camera for about a year now, gathering dust, but recently I decided to give another shot, and amazingly when I plug the camera into the charger, the lens went back in! And now the camera works perfectly.
So I would suggest you leaving your camera out for awhile and do not charge it until the batteries is completely drained. And then plug it back into the charger.
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are you using the recommneded battery fro your camera KODAK Li-Ion Digital Camera Battery KLIC 7001? If yes please charged the battery for 3hrs and try to turn on the camera., if encounter same problem it means the gear lens of your V550 is already defective and needs of repair please call precision and binocular repair at 1 800 665 6515.,
This usually means weak batteries, the other possibility is the lens mechanism is faulty or stuck. These cameras will shut down if the lens cannot extend or retract. Sometimes you can coax the lens out with a little help by pulling gently on the lens with your fingers if it starts to come out, don't force it. If you have dropped the camera with the lens out, this can damage the mechanism to either work intermittently or not at all.
I don't think its the battery. My just did this this week..If I slide the Favorites switch up (switch by hand strap mounting hole) I can view the pictures in it, but it won't use in photo mode, Lens won't extend, and it shuts off?
Either gear box problem ( sand/ dirt )or lens is impacted. First problem not expensive to cure but the second requres lens unit to be replaced : probably uneconomical to repair; get a quote from camera repair outfit in your area.
my camera is also doing this and i need help the lens comes out and straight back in also i lost my manual on kodak easyshare v550
amd cant get my camera to work at all i brought a new battery and it makes no difference please help.