GoPro, the inventor of and leading seller of action cams, recently announced what it called a “deep loss” for its first quarter 2016. It was GoPro’s second straight quarterly drop after several years of storybook hockey stick ascent to top of the camcorder selling stack.
Not that we want to kick a company when it’s down, but we are not surprised at GoPro’s recent struggles. Considering the faddishness of the camcorder business in the last decade-plus, the whole action cam phenomena seemed just like another short-lived mania.
Find out what comes next in the video recording world here.
About Stewart Wolpin
I have been writing about consumer electronics for four decades, including news, reviews, analysis and history for a wide variety of consumer, niche and trade outlets. For the Consumer Technology Association (CTA), I annually update the industry's history and write the official biographies of the CTA Hall of Fame inductees. Aside from writing about consumer technology for a variety of consumer, tech and trade publications, I write a blog and do market research for Digital Technology Consulting. In the non-tech world, I have written "Bums No More: The Championship Season of the 1955 Brooklyn Dodgers" and "The Rules of Neighborhood Poker According to Hoyle." Check out my work at www.stewartwolpin.com.
