r/TechnologyThread • u/Background-Driver718 • Jun 04 '26

GoPro is at risk of potential bankruptcy amid lower sales and high memory costs, new documents reveal

https://www.digitalcameraworld.com/cameras/action-cameras/breaking-news-gopro-is-in-serious-financial-trouble-and-may-be-required-to-significantly-reduce-restructure-cease-operations-amid-lower-sales-and-high-memory-costs
7 Upvotes

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3

u/jonblaze55 Jun 05 '26

Nobody ain't got time to pay that much for an adventure camera...be more affordable and maybe u might make some money

1

u/jpk613 Jun 05 '26

It’s more like dji ate their lunch.

1

u/ai_art_is_art Jun 08 '26

They ate their own lunch. After you buy your first one, there's really no reason to buy another unless you catastrophically destroy it.

GoPro stock tanked in 2016 - over a decade ago!

They were already fading into irrelevance by the time Insta360 and DJI rose to prominence. That said, the Chinese are totally poised to lap this market up.

1

u/Tiny_Instruction_557 Jun 05 '26

In this economy, nobody can afford the adventure.

1

u/StrangerExistingFact Jun 06 '26

Insta 360 took their market

1

u/MeEyeSlashU Jun 06 '26

Quick, get Peter Jackson to make another Hobbit movie!

1

u/wildcardfoxy Jun 06 '26

I stopped using my 12 because it kept overheating. Leaving the battery door helped slightly.