391
GoPro is in serious financial trouble. Action camera giant is at risk for potential bankruptcy (www.digitalcameraworld.com)
submitted 5 months ago by to c/technology@lemmy.world
88 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 3 points 5 months ago (2 children)

pushing the same product with minor updates for greater costs

Works for smartphone manufactuters though

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 2 points 5 months ago*

    the smartphone space has way more competition and their market is literally everyone on the planet. there are 6 billion smart phone buyers.

    the vast vast majority of whom, do not need the power in most phones. there is no demand for improving phones, they have peaked. Phones are a commodity at this point, like your average desktop/laptop.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 1 point 5 months ago*

    The investment payoff on smartphones is much better. If I make my personal computing device I use for several hours per day 5% better that adds up real quick to serious gains. If I make my gopro I use few hours per week 5% better that barely makes me notice it.

    The lower use market needs to make much bigger leaps to justify new revisions just because small stuff is not as noticeable.

  • permalink
  • fedilink
  • source
  • parent