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GoPro will streamline its camera portfolio in April

By Cookie Monster - on 4 Feb 2016, 11:23am

GoPro will streamline its camera portfolio in April

Anticipating a rough year ahead and having reported a disastrous financial quarter, GoPro has decided to streamline its camera portfolio.

From April, GoPro will only be selling the Hero 4 Black, Hero 4 Silver and Hero 4 Session. The entry-level models such as the Hero+ LCD and Hero+ will be discontinued. GoPro CEO Nick Woodman also confirms that the Hero 5 and Karma drone will debut later this year.

GoPro reported US$436.6 million in revenue for Q4 2015, which is a staggering drop of 31% from a year before. It also laid off 7% of its workforce.

Source: The Verge

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