GoPro Inc. has not been faring very well, and the company is looking forward to the GoPro Hero 5 as the savior that can save it from going further down with its finances. GoPro had hit an all-time low with his investor and Christian Times reported that GoPro Hero5 and GoPro Karma are two action cameras that are being launched by the company, which might save it from the downward slide.
The first drawback came in January when GoPro Inc. had to cut down the prices of its GoPro Hero 4 Session after realizing that the sales have gone down by almost 31% as compared to the previous year. This was a huge a since it questioned the quality and standard of the product and the company lost some valuable investors.
GoPro Inc. action cameras were always expensive, but they always had a market for the product. It was at the Q4 2015 Conference last February that for the first time the company decided to cancel out three of their cheapest variants, the GoPro Hero, the GoPro Hero+ and the GoPro Hero+ LCD.
The company has now decided that the starting price for the GoPro Hero cameras is going to be $200 GoPro Hero4 Session. The lineup also includes the GoPro Hero 4 Black and the GoPro Hero 4 Silver.
The primary reason for this was to limit the number of products from the company so that the customers will go for the new variants of GoPro Hero products that are going to be launched. Nick Woodman, the CEO of GoPro Inc. explained the line of action adopted by the company.
He said that the company had caused a lot of confusion in the mind of the customers since they had given them too many options to choose from and this ended up with them not being able to decide, and then they didn’t buy any of the products.
While talking about this, Nick Woodman also announced that GoPro Inc. is going to be coming out with their GoPro Hero 5 sometime in the last part of the year and called the product one of the most convenient and connected action cameras that they have ever developed.The price bracket for GoPro Hero 5 has been set around $450 to $550, and it is expected to be lighter and smaller than the earlier models for GoPro Hero cameras.
According to Christian Daily, the GoPro Hero 5 is going to be the most advanced action camera that the company has ever produced. The camera is going to be created with a Qualcomm Snapdragon A10 chipset and will be able to record videos of up to 8K resolution and also 4K at 60fps and 1080p at 240fps.
The camera will also have a smartphone and cloud-connected storage.There are rumors that the GoPro Hero 5 is tougher than its predecessors, and this makes it suitable for use in harsh environment.
GamesNGuide has reported that GoPro Hero 5 is being termed as the most convenient and connected action camera, and thus it is believed to have a wider appeal to the general public. GoPro Hero 5 is being targeted at the athletic community since it is more suited for risky and dangerous activities.
GoPro Inc. has decided to make the GoPro Hero 5 a small and handy device so that it can be used effortlessly while at the same time ensuring that the size doesn’t compromise on the quality of the camera.