Memory prices rose 80-115%. Revenue fell 26%. GoPro warned of "substantial doubt" about its ability to continue. It's exploring a sale or pivot to defence.
They were already struggling before their cost increases hit them, it’s an already oversaturated market and cost of living is through the roof. I’d love to drop $800 on a new action cam, but I’ll stick with my old hero7 for another few years…
They were already struggling before their cost increases hit them, it’s an already oversaturated market and cost of living is through the roof. I’d love to drop $800 on a new action cam, but I’ll stick with my old hero7 for another few years…