Tag Archives: gpro

GoPro stock slammed hard by Apple wave

GoPro stock wiped out Tuesday on speculation that Apple might enter the action camera market. GoPro (GPRO) shares were down 12% to below 50 in late afternoon trading on the stock market today. Shares traded as low as 48.23 earlier in the day. Website Patently Apple posted an article Tuesday about Apple (AAPL) receiving a patent for a GoPro-like camera system with superior quality. “Apple’s invention could directly move into GoPro’s territory as the patent specifically mentions the weaknesses of the GoPro devices,” Patently Apple writer Jack Purcher said in his article. The camera system patent, originally filed in March 2012, incorporates intellectual property Apple acquired from Kodak in November 2013, he said. Apple’s patent involves a camera system that can be secured to various objects, such as a bike helmet or scuba mask, or mounted to the handlebars of a motorcycle or the front of a surfboard. The camera…

Drones face new battlefields: public perception, regulation

LAS VEGAS — Small unmanned aerial vehicles, or drones, could become a major industry. But they face two serious obstacles to growth: government regulation and public perception, industry experts said this week at the International CES. The development of drones for consumer and commercial uses has occurred faster than governments can make policy, said Chris Anderson, CEO of drone maker 3D Robotics. “These drones have gone from military industrial to the shelf of Wal-Mart in about three years,” Anderson said. Regulators are way behind as many consumers are now buying drones to take dramatic overhead photos and videos with built-in cameras or ones from GoPro (GPRO), he said. “The genie is out of the bottle,” Anderson said. “I think it’s very likely that many regulators will throw up their hands and say, ‘As long as they’re small and light, whatever.'” The Federal Aviation Administration is drafting regulations for…

Top 5 Coolest Drones Taking Flight At CES 2015

Who needs a selfie stick when you can have a drone take your picture? Consumer drones are becoming more and more popular, and there sure wasn’t a shortage of them at the Consumer Electronics Show. Models ranged from military grade to ultra high-end to build-it-yourself, and many have holders fit for GoPro (GPRO) action cameras. Some are even available for purchase through Best Buy (BBY) or Amazon (AMZN), like AEE’s AP10. DJI’s Inspire 1 has