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Apple patent on an action-camera unleashed shares GoPro
United States Patent and Trademark Office granted Apple a patent for a portable action-mounted camera that can compete with cameras manufactured by GoPro. On news of the receipt of this patent GoPro shares fell 12%.
As reported at the bureau, the patent application has been filed March 12, 2012, the invention also includes some development company Eastman Kodak, which Apple acquired in November 2013.
Apple new camera can be used for underwater use, it is equipped with a microphone for both conventional and underwater recording soundtracks. The camera is equipped with an advanced remote control, and will be more resistant to external influences.
In the development were taken into account the shortcomings of cameras GoPro, including parts to mount the camera on a helmet or a mask for snorkeling.
GoPro value per share was $ 49.87 at the close of trading in New York. Investors are concerned that the resulting patent will allow Apple to make products similar to the one that offers the GoPro, commented Charlie Anderson, an analyst at Dougherty & Co. US giant computer electronics sold in fiscal 2014, more than 270 million units, which is incomparable with the volumes of deliveries GoPro.
Apple registers thousands of patents each year, but most of them do not reach the actual incarnation, says Anderson. «GoPro performed well, but we are talking about 4 million of sales and revenues of $ 1 billion. Apple will not bother goods that can be sold for such a modest, by their standards, amount,” – he concluded.
In Dougherty & Co. believed that the technologies described in Patent Apple, to be used in the chamber iPhone.
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