GoPro Inc (GPRO): The Dark Side of Moore’s Law
Moore’s Law has a dark side. The acceleration of technology means niche products quickly become commodities. GoPro CEO and founder Nicholas Woodman saw this coming, but instead of seeking to build a market in other, more expensive cameras that might “see” waves other than visible light, he decided to mount his commodity cameras on more complex devices, namely drones. This is not a good place for GoPro stock to be.
Source:: https://finance.yahoo.com/news/gopro-inc-gpro-dark-side-133002986.html
