The success of GoPro’s (GPRO) high-definition action cameras has opened up the door for competing products from Sony (SNE), Panasonic, Polaroid and more. What does GoPro think about new entrants to the category that it has dominated? IBD TV spoke with company representatives at the Consumer Electronics Show. Follow Alissa on Twitter: @IBD_AWilliams.
LAS VEGAS — The popularity of GoPro (GPRO) action cameras has a lot of consumer electronics vendors gunning for a slice of the lucrative young market. But while most GoPro rivals are coming out with me-too devices, a French startup is taking a different approach to the market. Giroptic of Lille, France, is making a small camera that takes high-definition video with 360-degree views. The 360cam has three cameras and three microphones for capturing action from all angles, says Giroptic CEO Richard Ollier. People even can live-stream their surround videos over Wi-Fi. “We like to say one movie is worth 1 million stories because you can play back the video in so many different ways,” Ollier told IBD at the 2015 International CES in Las Vegas on Sunday. The four-day show officially opens on Tuesday, but vendors are briefing the media at preshow events. When viewers play a…
GoPro (GPRO) got a little lift on the stock market today from positive news about holiday demand for the company’s action cameras. But shares plunged 6.5% on Monday. How does the stock look heading into the last calendar day of the year? IBD TV’s Alissa Williams takes a look. Follow Alissa on Twitter: @IBD_AWilliams.