GoPro has confirmed that it will replace the position of the initial Hero Session with a brand new entry-level sports camera next year. The entry-level sports camera currently on sale was released two years ago and will soon be at the end of the road. GoPro will launch a new entry-level camera in 2018.
For GoPro, the past two years have not been easy. For this reason, the company made layoffs and shelved some products. At the same time, however, the company is working tirelessly to try to turn itself into a profit. Recently, GoPro announced the earnings report for the 1st quarter of the iPhone in the third quarter of 2017, which was the first time in the past two years that the company had achieved profitability.
In the third quarter of 2017, the company’s quarterly revenue reached US$330 million and its profit was US$14 million. However, the company still faces enormous challenges and its threat has not been eliminated. The company also announced its fourth-quarter revenue forecast for the year, and its $470 million results will break the company's lowest record in the last two shopping seasons.
GoPro to Launch a New Entry-Level Sports Camera Next Year
On the other hand, GoPro CEO Nick Woodman revealed that this year's market demand for the company's entry-level Session is still higher than expected, and this also means that this product will end its product cycle earlier, so as to provide GoPro with a new introduction Product-level opportunities, this entry-level product will be released in 2018 to help the company expand its market.
However, the CEO did not disclose the specifications and configuration of this new sports camera. We will also look forward to seeing this product's information surface gradually over the next few months.
(Via:ubergizmo.com)
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