I’ve owned a lot of Gopro cameras, having done video capture for a variety of motorsports, and they just got too expensive for what you get.
You can be more expensive if you’re better, or you can be worse if you’re cheaper, but they’re both the downsides while living purely off brand recognition.
They also blew up in a time where there wasn’t any real competition. Sony had action cameras but they were bulkier and expensive, and didn’t have the features of GoPro.
These days other brands give better quality video in better quality hardware and more functionality, for cheaper.
It also doesn’t help that you could probably get by with a hero 4 black even today lol
Man I still can’t believe how bad the rollout of the karma was. I remember at the time everyone in my professional circles was buzzing about it. Then they started literally falling out of the sky. Feel like they never recovered
When I was looking to buy an action camera last year, I was deciding between Insta360 and DJI, with many YouTubers suggesting outright against GoPro since they haven't kept up with image quality.
Action cameras sound like a tough business, since most of them are built to last ages, and they need to keep the vast majority of content creators happy trying to increase image quality in a small form factor.
Anyway, I bought the Insta360 Go Ultra I had my mind on from the start, which I'm still reasonably happy with.
> While GoPro action cameras are built to withstand shock, the brand itself is looking distinctly shaky right now. Latest reports[1] are that founder Nicholas Woodman is propping the company up by extending it a loan of his own money to the tune of $20 million, at an annual interest rate of 6.5%, while a buyer is desperately sought. It’s believed GoPro may not survive the year without a new owner or fresh injection of cash, with Woodman’s intervention acting as a stopgap rather than bail-out per se.
I'm just surprised that an American brand making electronics lasted this long. Even Japanese companies are giving up. No one can compete with China.
Apple somehow reigns supreme still. Anyone else?
I’ve owned a lot of Gopro cameras, having done video capture for a variety of motorsports, and they just got too expensive for what you get.
You can be more expensive if you’re better, or you can be worse if you’re cheaper, but they’re both the downsides while living purely off brand recognition.
They also blew up in a time where there wasn’t any real competition. Sony had action cameras but they were bulkier and expensive, and didn’t have the features of GoPro.
These days other brands give better quality video in better quality hardware and more functionality, for cheaper.
It also doesn’t help that you could probably get by with a hero 4 black even today lol
Man I still can’t believe how bad the rollout of the karma was. I remember at the time everyone in my professional circles was buzzing about it. Then they started literally falling out of the sky. Feel like they never recovered
When I was looking to buy an action camera last year, I was deciding between Insta360 and DJI, with many YouTubers suggesting outright against GoPro since they haven't kept up with image quality.
Action cameras sound like a tough business, since most of them are built to last ages, and they need to keep the vast majority of content creators happy trying to increase image quality in a small form factor.
Anyway, I bought the Insta360 Go Ultra I had my mind on from the start, which I'm still reasonably happy with.
These days you can buy mini cameras for a few bucks on AliExpress, so no wonder.
any recommendation?
I had no ifea they were struggling. Tldr; their competitor Insta360 is battling them, and they have YoY revenue drop.
Gopro has this cool reliable aura around them. How could they he struggling? So bizarre
Their hardware is unimpressive and expensive, and their software is horrible.
They rode the novelty train so hard they missed that everyone is doing it better than them now.
> While GoPro action cameras are built to withstand shock, the brand itself is looking distinctly shaky right now. Latest reports[1] are that founder Nicholas Woodman is propping the company up by extending it a loan of his own money to the tune of $20 million, at an annual interest rate of 6.5%, while a buyer is desperately sought. It’s believed GoPro may not survive the year without a new owner or fresh injection of cash, with Woodman’s intervention acting as a stopgap rather than bail-out per se.
Is this because of the cost of memory or because the product is no longer competitive?
This article is not very satisfying to read, because it doesn't explore the reasons why GoPro is on the ropes.
Adventure cams lose a market when people can’t afford to go on adventures?
$20m is really not much money to operate a company for 6 months. They must be close to break-even at least?
This has been on the cards for about a decade. I guess Insta360's YouTube advertising barrage worked.