No, the first Polaroid -- the 1948 Polaroid 95 Land camera -- took sepia-tone pictures. Polaroid produced the first instant black-and-white instant film in 1950, and the first instant color film ("Panchromatic") in 1955.
Polaroid makes several digital and digital-hybrid cameras, but the newest (and only) instant film camera in their line is the Polaroid Classic Instant 300 that retails around $89.99. The 300 uses pack film that costs $9.99 for 10 sheets.
Polaroid.
The cast of Polaroid Always Instant - 2008 includes: Maranda Barskey as Lead
Polaroid film was instant film widely introduced in 1972. Polaroid film had chemicals in between layers and the film moved through rollers to initiate the developing after a photo was taken.
Polaroid Photography
Polaroid is a very popular instant camera brand, however, it is not the only one. Instant cameras are also available and made by another brand called Fujifilm.
Polaroid stopped making its instant cameras in 2007 and stopped making the film for these cameras in 2008. The instant camera was unable to compete with inexpensive digital cameras and cell phone cameras.
Just before Christmas in 1948, Edwin Land sent fifty seven polaroid (instant) cameras to a shop for sale. All of the cameras were sold on the first day. His company's name was Polaroid, because he invented the polaroid camera.
Digital photography pretty much devastated all film and other chemical processed photography including Polaroid "instant" prints.
You can donate Polaroid cameras to The Instant Film Society. http://instantfilmsociety.com/wp/?p=1608
The key feature of the instant film produced by Polaroid is the film contains the chemicals required for fixing and developing the photo. The camera used with the instant film initiates the process right after the photograph is taken.