Re:GoPro shows its vulnerability after horrific Q3 earnings
by ghaff on Thursday November 03, 2016 @05:39PM
(#12868234)
I'm not convinced that GoPro is unusually affected by #2 but resale values seem relatively strong, so maybe to some degree.
There's also more competition.
I'm inclined to think point 1 is significant though. This seems like one of those products/product categories that was a hot ticket for a while. Then most people who bought them realized that they didn't actually jump off cliffs and, after the 10th time, the video of them going down an intermediate ski run was sorta boring and not really worth the trouble to make. So, like many fads, it didn't go away but it wasn't a must-have gadget for the would-be daredevil (or those who wanted to think of themselves in those terms).
There's also more competition.
I'm inclined to think point 1 is significant though. This seems like one of those products/product categories that was a hot ticket for a while. Then most people who bought them realized that they didn't actually jump off cliffs and, after the 10th time, the video of them going down an intermediate ski run was sorta boring and not really worth the trouble to make. So, like many fads, it didn't go away but it wasn't a must-have gadget for the would-be daredevil (or those who wanted to think of themselves in those terms).