Problem is that the people who want gopros already have them and their drone got destroyed by the dji mavic.
GoPro shows its vulnerability after horrific Q3 earnings
61–70 of 217 posts
Re: GoPro shows its vulnerability after horrific Q3 earnings
#62Dnd future doesn't look good. Their star product is not as advanced as the new DJI mavic pro. The new gopro 5 don't have new amazing features (5k, raw recording, much better dynamic range etc.), it's mostly a small bump from the 4 series. Unless you are a total GoPro fan, there's no reason you would buy the newly released products.
I don't know what market they want, but I never heard mavic outside of a few web pages. On the other hand gopro is becoming synonymous with small and sturdy camera. Maybe mavic will end up buying the brand.
mavic is the product. DJI is the company with $1B revenue in 2015. It's the world leader in drones (consumer or industrial)
Re: GoPro shows its vulnerability after horrific Q3 earnings
#63They 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…
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.
That's not necessarily true. The counterargument is that having a good resale value allows you to charge more for your new sales because of the added value.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#64They have one niche product that is very expensive. It does not offer anything new or extraordinary to the experience other than what it should do: take video. Customers can get a product that is similar for 70% less price (from China cough ). It's no surprise.
Is there a valid reason to describe "from China cough"?
I believe GoPro cameras are manufactured in China.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#65Earlier quoted context omitted.
I never knew this. Have you ever noticed when you look deeper at any system created and run by people who claim to love the free market, it is loaded with anti free market regulation? Who is the stock exchange to tell me I can't sell my asset?
you can't sell your assets on the exchange through a broker because you're a small chump. you can sell your assets outside the marketplace just fine. if they just allow orderbooks to get skewed more and more in one direction you just run head first into a potential macro crash and sometimes thats just a little more important than you wanting to unload your 60 bucks of stock. And I'm pretty sure there's government reg…
Oh, so only small time investors and not large ones can't sell their stock? That sounds worse, not better.
>And I'm pretty sure there's government regulation requiring them to do this.
And who runs the government, empirically speaking?
"Multivariate analysis indicates that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while average citizens and mass-based interest groups have little or no independent influence."
https://www.cambridge.org/core/journals/perspectives-on-poli...
Re: GoPro shows its vulnerability after horrific Q3 earnings
#66Dnd future doesn't look good. Their star product is not as advanced as the new DJI mavic pro. The new gopro 5 don't have new amazing features (5k, raw recording, much better dynamic range etc.), it's mostly a small bump from the 4 series. Unless you are a total GoPro fan, there's no reason you would buy the newly released products.
Does the Mavic pro have a detachable camera stabilizer? That's the reason I would buy GoPro's drone.
The Mavic Pro doesn't have one.
You are right, a gimbal is a very smart addition. Put it on the backpack for skiiing or on a bike to record smooth rides.
My biggest problem however is the lack of "intelligent" flying with GoPro's drone. Most people overestimate their flying skills. It's very easy to have a collision, loose your done. It's also difficult to do subject tracking. Many find themselves with a broken drone after just a week of use. On the other hand, the Mavic Pro has their most advanced visualisation technology + sensors to make your job easy.
If you are confident with the GoPro drone, I would recommend purchasing it from a store with a liberal return/exchange policy. Try it for one week and record a few videos. And then compare with the mavic pro
Re: GoPro shows its vulnerability after horrific Q3 earnings
#67Go pro is very good at marketing them selves however the cameras are not much better if not worse than many way cheaper competitors. The drone would be a big hit if Dji didn't just blow the roof of with their incredible mavic pro that came on the market this week. It is by far the best consumer drone available and smaller than the go pro.
I've seen both the Mavic and the Karma, and I have to say they hit different use cases.
The GoPro is for when you want a drone that can carry your camera that you can also detach and use with their stabilized handle, which you can then take the GoPro out of completely and use on it's own.
The Mavic is for people who want a smaller drone.
Both are good tech, and I plan on getting both of them within the next year, but the GoPro one is going to be my first of the two.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#68Earlier quoted context omitted.
I haven't read your account. What's bad about GoPro? Note : I have an action camera, but it's from Garmin
>Note : I have an action camera, but it's from Garmin Fwiw, I own a GoPro, but use Garmin's video editing software. Not only do I find it easier to whip up quick edits, but I can also overlay my Garmin Edge cycling data.
Wait a minute, I can use the GP for video, but then suck in GPS data from my Garmin and overlay it using Garmin's software? Oh, wow, thanks for the tip, I'll try that tonight.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#69Earlier quoted context omitted.
I haven't read your account. What's bad about GoPro? Note : I have an action camera, but it's from Garmin
My main complaint is that it's difficult to determine camera state. My main use case is having it mounted to a motorcycle where I can reach the buttons but can't safely or easily see the indicator LEDs. Is it on? Is it recording? I have some awesome videos of me sitting on a curb in front of a gas station drinking a Gatorade because I thought it was recording the whole time, and it turns out that when I pulled up and…
>My main complaint is that it's difficult to determine camera state.
Agreed. I gave one to a friend as a Christmas present a few years back and this was her big complaint. Mounted on a helmet (for whitewater paddling in her case), she was never sure whether she was turning it on or off.
In general the whole UI was just pretty awful in my experience. I get that it's hard but this strays pretty close to the "You only had to do one thing" meme. (Well, the rugged case, but that's not rocket science.) Their main innovation looks more like great marketing and community building to me.
Re: GoPro shows its vulnerability after horrific Q3 earnings
#70They went from 86.97 on Oct 4, 2014 to 11.94 now. Isn't looking too good.
I remember having an alert set for if GPRO ever bounced up from (let's say) $45. It hit that number and never bounced, it just kept on going down. I consider my GoPro to be my worst tech purchase in the last ten years, but as a mostly technical trader I'll occasionally (though rarely) buy a stock despite my feelings about their offerings. But GPRO demonstrates that, once again, I should stick to companies that sell t…
If only I bought shares of tech purchases I've made. I buy very few tech gadgets, but the few I buy always seem to have a great share price trajectory...