Last quote about GoPro
All quotes about GoPro
Listen carefully always. If you really listen, the world will reveal itself to you and give you the answers you are looking for.
You have got to be focused on something that you are personally passionate about. I followed my gut, because I didn't know any better. One of the great benefits of ignorance is just you can create something that hasn't existed before because you didn't know any better. Be careful how much you listen to other people.
We had very humble beginnings.
This is not only a surprise to us, but another ding on management's credibility. Not only were we surprised by the modest level of initial units sold, but we believe it is a possibility that Karma will not be available for the key holiday season.
Looking forward to 2017, we expect to return to profitability, driven by the strength of our new products, double digit revenue growth and annual operating expenses of approximately $650 million.
By the end of the year, GoPro is going to be much more of an ecosystem company and an end-to-end solution for our customers, whereas in previous years, we were primarily focused on enabling the capture of experiences. Looking forward to 2017, we expect to return to profitability, driven by the strength of our new products, double-digit revenue growth and annual operating expenses of approximately $650 million.
They're trading vehicles for the most part. You wouldn't put your grandmother in either of these stocks to hold for the next 10 years.
Most likely, GoPro is temporarily, but intentionally, not shipping to Amazon following a not-uncommon pricing squabble, when a retailer lists the product below the agreed-upon floor price.
September or early October is a slow sales month anyway as people gear up for the holiday season.
Karma is simply the best solution out there for stabilization in the air or handheld or mounted to your favorite gear. And GoPro is the only company in the world that is making this solution possible, so I think we're in a really good position.
It's the most exciting product we've ever made. It's certainly the most enabling product in terms of helping people capture incredible professional-quality footage of their lives and share stories like they're used to seeing on the big screen at the movies.
Every great day starts the night before.
We've been working with Red Bull for years and we've helped co-promote each other and help each other globally rise above the noise and scale awareness for our respective brands, but we decided that it was time to get official about it.
They need a refresh badly. it's as if Apple went a yr and not using a new iPhone.
They need a refresh badly. Historically, a ton of this stuff has probably already been filmed using GoPro cameras. My guess is we'll see more GoPro logos in those videos.
The biggest surprise is that they delayed Karma. They said they wanted to work on the features... they did not explain the delay and why they did not notice it three months ago.
While we had to make the difficult decision to delay our drone, Karma, the upside is that Karma's launch should now benefit from the holidays.
Consumer demand for GoPro remains solid.
Consumer demand for GoPro remains solid. Unit sell-thru was close to first quarter 2015 levels, a quarter which benefited from the launch of HERO4. Revenue exceeded our guide and, importantly, unit sell-thru rates were approximately 50% higher than sell-in which drove global inventory levels down. And while we had to make the difficult decision to delay our drone, Karma, the upside is that Karma's launch should now benefit from the holidays.
We've got a terrific product road map. 2016 is the single most exciting year for new product that we've ever had at GoPro. Whether it's hardware, software, entertainment products that we're developing, this is the biggest year ever for GoPro.
We acquired them to accelerate our vision of making it easy for people to create and share engaging content. We think that the mobile platform, your smartphone, and tablet are the best and most convenient platforms for editing in the future.
This agreement with GoPro shows the incredible breadth of technology sharing enabled through patent transactions. Microsoft's licensing of personal wearable technologies is seeing strong demand as we partner with companies from all industries to optimize solutions for their customers around the globe.
In 2015, we recorded 16% year-over-year revenue growth and the fourth quarter represented the second highest revenue quarter in the company's history. However, growth slowed in the second half of the year and we recognize the need to develop software solutions that make it easier for our customers to offload, access and edit their GoPro content.
The company made a mistake by not introducing the Hero 5 camera series ... Once they start selling the Hero 5 cameras, they will bounce back.
They now internally believe that they are not going to grow as fast in the future as they were before.
The technology inside AirDog is very complex.
Of course there's still room for improvement, and they're still working on it, but once it's finished, it will be amazing.
Drones are always limited in their battery life, but since we are flying so fast and come to the location at that high speed and it lands, we actually only use five percent of the battery. So, that's also why we are able to draw so much power from the battery so that it is able to fly this fast.