By Al Caudullo
Much has been written about GoPro’s second venture into 360 video cameras. The first, the Omni, a six camera spherical solution was heralded as the first true professional 360 camera with the ability to sync all six cameras together. Since GoPro has fallen on hard times, the introduction of the Hero 6 and the Fusion 360 camera have been put squarely in the spotlight as the possible make-it or break-it cameras for GoPro.
The Hero 6 has gotten great reviews with the addition of EIS (Electronic Image Stabilization), Improved Image quality and fantastic slo-mo with 4K/60fps; 1080p/240fps video, H.265 High-Efficiency Codec, High Dynamic Range, Low Light Performance, Voice Control, and the ability to be used underwater without an extra case.
But alas, a Hero is a Hero is a Hero. And many aren’t feeling like GoPro has made a big enough departure from its standard fare of Hero cameras. Whether that is deserved or not, perception is reality. So the weight of the company seems balanced squarely on the shoulders of the GoPro Fusion.
In a story on Motley Fool, by Harsh Chauhan, he states, https://www.fool.com/investing/2017/10/28/what-to-expect-from-gopros-q3-results.aspx
“GoPro has smartly priced its recently launched Fusion 360 camera, significantly undercutting rival products from Kodak and Garmin that carry price tags of $899 and $799, respectively. This situation sets GoPro on its way to make a dent in the fast-growing 360-degree camera market that’s expected to grow at 34% annually over the next seven years.”
But James Brumley of Seeking Alpha Market News https://seekingalpha.com/article/4112878-nokias-decision-bodes-poorly-gopros-vr-camera-plans
Believes that, “Bad news for faithful GoPro (GPRO) investors who were counting on the soon-to-be-launched Fusion 360 virtual reality camera to rekindle the stock’s recent rebound effort. Nokia (NOK) which makes a competing VR camera called the Ozo, has halted the development of the device due to lack of demand. → continue…
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