explanade
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 10, 2008
- Messages
- 7,461
Nobody. They just had a really good blast at the beginning and eventually saturated out. Their attempt to expand into other markets has not gone very well (example: drones).
Hence, their stock price is now $4.24 compared to a high of $87 in 2014.
Hmmm I’ve really been interested in a GoPro, but haven’t been on the kind of trip I’d use it yet (snorkeling).
It was never going to be a sustainable business.
How often were people going to upgrade an action camera?
They probably hoped people would upgrade every couple of years like their phones.
My mirrorless is going on 5 years old. I can afford upgrades but have no compelling reason to do so.