GoPro shares fell down because of Hero 5 release date delay; Latest device 8K res recording capabilites being hanced

By

GoPro Hero 5 was delayed until next year beacuse of the enhancements on its capability to record and capture. The GoPro shares on the stockmarket falls by more than 8%. Hero 5 is expected to sport an enhanced camcorder which delays its launching.

It was previously rumored that Hero 5 will be launched this coming October, but new rumors surfaced on the web that GoPro has decided to move the launching date to 2016.

According to Vine Report, GoPro Hero 5 will have the capability to record 8K resolution videos and and capture 3D images. Additionally, the 8K quality will be the doubled quality version of previous GoPro devices that raises atop to 4320 pixels. It is also called as Full Ultra HD.

The 8K resolution will be supported by A10 processor though it produces lesser frames per second. However, there can also be an option for 4K resolution with 60 frames per second.

When the GoPro Hero 5 gets into the market next year, it is expected to become the next generation's high-definition extreme action camcorder in the world. However, the delay of the GoPro Hero 5's release will probably result to decrease in the company's sales based on the gathered information by Master Herald.

Furthermore, because GoPro will not release a new product in the fourth quarter of the year, it will probably affect the sales of the company that might cause unstable cash-outs to its employees. The Holiday season is expected to be capitalized because of consumer's high rate of spending.

According to Business Insider, GoPro shares fell by more than 8%. The GoPro Hero action camcorder is comparable to the Blackberry smartphones that were once with high demands. Moreover, Apple and Xiaomi products are turning out to be a threat to GoPro Hero cameras which could have been the reason why the stocks price fall.

The delaying tactics isn't somehow a best strategy since it risks the sales of the company on the stockmarket. However, the GoPro Hero 5 wih an extremely excellent action camcorder with 8K resolution which might pull-up the company's sales upon release in 2016.

Tags
GoPro Hero 5 News, GoPro Hero 5 Update, 'GoPro Hero 5 rumors, GoPro Hero 5 features, GoPro Hero 5 Specs

© 2024 VCPOST.com All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics