Items tagged with (NASDAQ:GPRO)
When it comes to consumer drones, many people look to DJI for products like the Spark and the Mavic Pro. However, GoPro, which made a name for itself with action cameras, though that it could encroach into DJI's territory with its swanky Karma drone. Well, things haven't exactly been going well for the company on the drone front. A fresh report from TechCrunch says that GoPro will lay off between 200 to 300 employees this week, with most of those dismissals coming from its aerial drone division. According to a letter that the publication was able to obtain, GoPro says that its it taking this drastic movie to "better align our resources with business requirements". Although the layoffs will take...
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It is time to take your GoPro footage to the next level. The company just announced the pilot program for Fusion, its new spherical 360 Degree VR 5.2K camera. GoPro founder and CEO, Nicholas Woodman remarked, “Fusion is just that, the ability to capture every angle simultaneously…as though you had six GoPro cameras fused into one. Whether filming for VR or traditional fixed-perspective content, Fusion represents the state-of-the-art in versatile spherical capture.” Fusion is particularly notable for its “OverCapture” feature that is enabled by its 5.2K resolution. Users will be able to capture non-VR videos and photos in HD from spherical angles. This device is therefore ideal for creators of...
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Uh oh Houston, we have a problem. Er, make that San Mateo, the city in California where action camera maker GoPro is headquartered. GoPro has also begun dabbling in drones, though things have gotten off to a somewhat rocky start. By that we mean the company has issued a recall for its first drone, called Karma, while it figures out and fixes an issue that can cause it to lose power during flight. The good news for GoPro is that the market isn't flush with Karma drones. Only around 2,500 units have been purchased by consumers since the Karma launched last month, so this is far from a disastrous situation. Even better is that GoPro has not received any reports of injuries or property damage, so...
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In the technology sector, you either adapt to an ever-changing landscape and innovate or whither away and day (some companies quicker than others). Enter GoPro, a household name in the action video recorder market for adventure seekers. Demand for the company's Hero line of cameras has dwindled causing it to post a loss in the third quarter. Can drones lift the company back up? GoPro collected $240.6 million in revenue for the three month period ended September 30, 2016, down 40 percent from $400.3 million year-over-year. After paying the bills, GoPro tallied a loss of $104 million for the quarter, compared to an $18.8 million profit in the same quarter last year. That's about a 654 percent swing...
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If you are interested in creating 360° VR content, then perk up your ears. GoPro’s Six Camera Omni will be available for sale on August 17th for $5,000 USD. The Omni is a six-camera rig that relies upon pixel-level synchronization. This synchronization allows the six cameras to act as one. If the user adjusts something on the primary camera, the other cameras will adjust accordingly. The Omni cannot function unless all of the cameras are in the same mode and functioning SD cards are in place. The camera is made from aluminum in order to dissipate heat, withstand falls, and rig components can be easily replaced if necessary. The Omni can be powered through an external battery pack or from...
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The competition is heating up in the virtual reality arena, not just on the consumer side with headsets like the Oculus Rift and HTC Vive, but for content creators as well with an increasing number of hardware options. GoPro seems particularly interested in the category as it expands its VR lineup to include the Omni, a six-camera rig for recording 360-degree video. Priced at $5,000 for an all-inclusive setup, the Omni isn't cheap, but it's more accessible than GoPro's $15,000 Odyssey package or Facebook's $30,000 Surround 360 platform. It's also a much more compact system than either of those solutions—the cube-shaped device is just big enough to hold half a dozen HERO4 Black cameras and proprietary...
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As you can see by the steady stream of virtual reality (VR) headsets that have hit the market (Samsung Gear VR, Google Cardboard, Oculus Rift, HTC Vive) and those that are incoming (PlayStation VR), consumers are in for a real treat when it comes to experiencing media and gaming content. The folks at GoPro are looking to make it easier to produce VR content at a somewhat reasonable price with its new Omni camera rig. The Omni is capable of housing six GoPro HERO Black cameras and uses proprietary hardware to enable “pixel-level synchronization” between the cameras to provide high-quality 360-degree video footage. While Omni will not shoot in 3D, it is also fully integrated with GoPro’s Kolor...
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We’ve been wondering what the next big step would be for the Twitter-owned Periscope live streaming app, and today we got a look at what’s been going on behind the scenes. Periscope announced today that it will support live broadcasting from GoPro action cameras. The Periscope app for iOS was updated to allow for direct integration with select GoPro cameras (Hero 4 Black, Hero 4 Silver). Live broadcasting is as simple as connecting your GoPro Hero 4 to your iPhone via Wi-Fi, opening the Periscope app and then hitting the Broadcast button. You can still use the Periscope app while you’re broadcasting, and you can still see comments as they come in. GoPro videos obviously are stored on the action...
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GoPro might have been better off waiting until the weekend to report preliminary financial results for the fourth quarter and full year ended December 31, 2015. Instead, it held off until after trading hours yesterday to reveal an expected revenue miss and anticipated job cuts only to wake up to a plummeting stock price.Shares of GoPro are taking a beating in early day trading. Initially shares dropped by upwards of 25 percent but have slightly recovered and are now trading at $12.27, down around 16 percent with slight fluctuations in both directions. That's a far cry from the more than $90 per share GoPro was commanding just months after going public with a $24 IPO in June 2014.The reason for...
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GoPro announced its diminutive Hero 4 Session back in early July with an optimistic price tag of $399. GoPro billed the tiny cube as its “smallest, lightest, most convenient” action camera ever. Despite its tiny physique, it still supported 1080p60 recording, a microSD slot, Bluetooth, and Wi-Fi. But we still had reservations about the $399 price tag, especially in the face of competition from the Polaroid Cube+. GoPro addressed the pricing concerns head-on in September by dropping the price of the Hero 4 Session to $299. And today, GoPro is announcing yet another price cut, taking the action camera to just $199 — half its debut price. "The waterproof Hero 4 Session is so durable and easy to...
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When GoPro’s compact Hero 4 Session was announced this summer, it carried a $399 price tag had us scratching our heads. Not only was it sorely undercut by the tiny Polaroid Cube+ - it was priced close to the GoPro 4 Silver, which has more features. Now, GoPro is smoothing out its lineup by moving the Hero 4 Session to a more tolerable (though still pricey) $299. And, the company is plugging the $200 hole in its lineup with a new model: the Hero+.Until now, the gap between the entry-level Hero and the Hero+LCD was substantial: The Hero is available for $129, while the Hero+LCD is nearly $300. The Hero+LCD has plenty of compelling features, including the touch display and Wi-Fi, but at that price,...
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Google's making a push for 360-degree videos on its YouTube service with GoPro as a key partner. You might recall that GoPro was present at Google I/O where it unveiled a contraption of GoPro Hero cameras arranged in a circle. That contraption is now called Odyssey and it's being made available in limited quantity. Odyssey is an array of 16 Hero4 black cameras, each fully loaded with custom firmware. It offers features such as genlock camera synchronization and multi-camera control, and has "extended battery life," GoPro says. It's designed to work with Google's 3D, 360-degree virtual reality program called Jump. "Virtual reality is a promising new innovation with incredible potential for commercial...
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Polaroid looked to make headlines today with its teeny tiny Cube+ which brings Wi-Fi connectivity, microSD support, and image stabilization with bargain basement pricing of $150. GoPro sees your Polaroid Cube+ and raises you the Hero 4 Session. GoPro’s Hero4 Session is also a cube-like action camera, albeit one with a significantly higher price tag (we’ll get to that a little bit later). GoPro bills the Hero 4 Session as its “smallest, lightest, most convenient” action camera yet, with the device coming in at 40 percent lighter and 50 percent smaller than the Hero 4 Black and Hero 4 Silver. But don’t let the small size fool you; the Hero 4 Session is pretty well stacked with support for 1080p60,...
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GoPro is continuing its drive to flesh out its low-end action cam lineup with the introduction of a new model: the Hero+ LCD. The Hero+ LCD might not have the wealth of features granted to its high-end siblings like the ability to capture 4K video or dazzle with extreme slo-mo, but it also doesn’t come with a wallet-busting price tag either. The Hero+ LCD has the ability to shoot 1080p video at 60fps, and can capture still frames at 8MP. You’ll also find a touch display on the rear of the camera to aid in framing your shot and controlling in-camera playback (not to mention adjust camera controls and settings). However, one downside (at least in comparison to its more expensive Hero 4 sibling)...
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