Aug. 17 at 7:38 PM
$GPRO Neither
$META nor
$AAPL are likely to even be interested in GoPro. Apple sells three times as many iPhones each day as GoPro sold cameras last quarter. Apple has much better tech and a much better brand. Action camera market is way too small.
Same problem with
$META. The market for actions cameras is much too small. And their glasses have smaller, better tech than GoPro's GP3.
$GRMN might be interested in it, though they already got out of the action camera market. They'd also have to have a plausible way to turn around the sales contraction. GoPros just aren't selling. And every quarter is worse.
