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What to expect from GoPro's big drone unveiling

Discussion in 'Karma Discussion' started by clackey, Sep 16, 2016.

  1. clackey

    clackey Administrator
    Staff Member

    Nov 20, 2015
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    Analysts say GoPro may unveil a small, camera-toting drone that automatically trails surfers, snowboarders and other extreme sports enthusiasts, whose embrace of the company’s early models fueled its rise. If it’s a hit, the new gadget could reset the company’s image with customers and investors, and prove crucial in sparing the firm from having to sell to a larger company.

    “Can they show last year’s misstep was a mistake and going forward they have products right?” said Michael Pachter, an analyst at Wedbush Securities. “This is a make or break moment.”

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