Another victim of Chinese leaching off Western entrepreneurship. Can someone point to any, any sector that this country has invented itself? Challenge.
GoPro shows its vulnerability after horrific Q3 earnings
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Re: GoPro shows its vulnerability after horrific Q3 earnings
#12Why is not selling enough a bad thing? You make a good product, everyone loves it and don't need another one? This is why I haven't replaced my original Pebble either. I remember Intel hitting this same type of market/stockholder crunch. Hello: not selling more stuff is A GOOD THING! It means your last generation was really good (well, if people are still using it and not buying another one). It means you can lower f…
If you're going to ask that, you also need to ask why needing to halt trading is a bad thing. "Good" and "bad" are value judgements that change in different contexts.
A large component of stock price is the expectation of profits for share holders in the future. If those expectations change, and the stock price plummets, it's not necessarily good or bad in the sense of a product being good or bad, or a company being good or bad.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#13Another victim of Chinese leaching off Western entrepreneurship. Can someone point to any, any sector that this country has invented itself? Challenge.
they certainly invented a unique kind of capitalism.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#14They have a drone? Oh, they do, but it doesn't ship until the end of November. The Engadget review (dated today) [1] presents a good look at the device and how it compares to the competition -- different trade-offs. Nicer if you're in the GoPro ecosystem, but the competition is a better flyer. So perhaps the market for rugged cameras is fairly saturated by their own products, and the aerial market has partially saile…
I think GoPro suffers from two problems.
1. Many people buy these camera's that never use them, or use them a few times but realize editing videos takes longer than they hoped it would. So after a while of non use, they sell the camera.
2. They built a good product, one that lasts and is therefore good for the used market. People are comfortable buying a used GoPro because they know it's rugged and well built.
So GoPro's have a good resale value and therefore many people that might normally buy a new one, instead turn to the used market which doesn't help GoPro at all.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#15Tom Scott was very positive about the new GoPro Hero5 fwiw: https://www.youtube.com/watch?v=VTx9lYpfWSg
Re: GoPro shows its vulnerability after horrific Q3 earnings
#16They went from 86.97 on Oct 4, 2014 to 11.94 now. Isn't looking too good.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#17Another victim of Chinese leaching off Western entrepreneurship. Can someone point to any, any sector that this country has invented itself? Challenge.
There is no such thing as an original idea. If another company can take an existing product and do it better, I can't see a good reason they should be prevented. Better products are always a win for consumers, and a win for innovation.
There are reasons to complain about China (unfair labor practices, pollution externalities), but copying/improving on western ideas is not one of them.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#18Another victim of Chinese leaching off Western entrepreneurship. Can someone point to any, any sector that this country has invented itself? Challenge.
Hoverboards.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#19Another victim of Chinese leaching off Western entrepreneurship. Can someone point to any, any sector that this country has invented itself? Challenge.
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Re: GoPro shows its vulnerability after horrific Q3 earnings
#20They have a drone? Oh, they do, but it doesn't ship until the end of November. The Engadget review (dated today) [1] presents a good look at the device and how it compares to the competition -- different trade-offs. Nicer if you're in the GoPro ecosystem, but the competition is a better flyer. So perhaps the market for rugged cameras is fairly saturated by their own products, and the aerial market has partially saile…
I think GoPro suffers from two problems. 1. Many people buy these camera's that never use them, or use them a few times but realize editing videos takes longer than they hoped it would. So after a while of non use, they sell the camera. 2. They built a good product, one that lasts and is therefore good for the used market. People are comfortable buying a used GoPro because they know it's rugged and well built. So GoP…
Re: Video editing, whoever figures out how to make that _super easy_ is going to make a TON of money.