Will GoPro’s Fusion Camera Help It Generate Revenue Growth?
Previously, we learned that GoPro (GPRO) will discontinue the sales of its Karma drone due to difficulties in maintaining product margins amid a challenging drone market. GoPro has also stated that a hostile regulatory environment in the United States (SPY) and Europe (EFA) has reduced the total addressable market for the company. GoPro will be banking on sales of its 360-degree camera, known as the Fusion, which has been available for purchase in North America, the United Kingdom, and Europe since November 2017.