Apple granted patent for action cam device, GoPro stock slumps

 

 

Reuters has reported that Apple has been granted a patent for a wearable action cam. Not major news, in and of itself, this seemed to cause quite a bit of stir amongst investors of other manufacturers of action cams, specifically GoPro. So much so that after it was revealed Apple received the patent, GoPro shares dropped 12%.

The patent in question was filed back in 2012 and is said to cite specific weaknesses in other companies’ action cams. Additionally, it makes note of underwater recording and a dedicated mounting…

(read more)

via Imaging Resource News Page http://ift.tt/1IsCzEI

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About paulomealha

IT professional, father, husband, Apple evangelist, motorbike fanatic, traveller and adventurer.
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