by Graham Sheldon | 17th March 2017
GoPro’s leadership team may have hoped to turn things around in 2017, but so far the news coming out of the camera manufacturer isn’t good at all. The company is cutting an additional 270 positions, on-top of 200 layoffs that occurred late last year. GoPro – Yet more job cuts in 2017 We originally reported on GoPro’s financial turmoil back in 2016, and their fortune just doesn’t seem to be improving after a year that saw the company lose a whopping $373 million dollars. They have struggled to innovate in an action-camera segment that has become increasingly crowded over the years. Furthermore, other missteps such as the Karma drone recall and missed earnings projections have clearly done very little to ease the fears of investors. Many of the job cuts will be affecting the virtual reality and media teams of the company. They say these cuts will amount to a $200 million savings on operating expenses in 2017. “We’re determined that GoPro’s financial performance match the strength of our products and brand. Importantly, expense reductions preserve our product roadmap and we are tracking to full-year non-GAAP profitability in 2017,” said CEO, Nicholas Woodman. Image: GoPro Karma drone. Their stock rallied significantly on news of their cost-cutting measures. On Thursday, GoPro CEO Nicholas Woodman appeared on CNBC and said the company didn’t capitalize on improving camera technology within smartphones. “Where we fell out a little bit in our post-IPO years was that we failed to make GoPro contemporary and failed to align with the smartphone movement.” – Nicholas Woodman. 2017 will be a make or break year for GoPro, so it will be interesting to see what they have up their sleeves on the product side. Could we expect them to release a 4K smartphone in partnership with Microsoft in the near future?Read more
by Gunther Machu | 16th January 2017
As mentioned in my previous blog post, when I decided to invest into an electronic GoPro gimbal I was torn between the Removu S1 and the GoPro Karma Grip to stabilize my new Hero 5 Black. They both sport similar features, but which of the two will prove to be the best GoPro gimbal? The features of the Removu S1 are quite impressive, as Nino pointed out in his blog post. Being able to use it in wet conditions is a real plus, not to mention other neat features like the remote controller or exchangeable batteries. The GoPro Karma and the Removu S1 gimbals in their respective cases, side-by-side. As you may remember, I ended up pulling the trigger on the GoPro Karma Grip mainly because of its neat integration with the GoPro Hero 4, 5 and Session action cams. However, funnily enough, when I mentioned to Nino that I was planning to write about the Karma Grip, he asked if I could include the Removu S1 in the review, as he had one lying around at cinema5D HQ in Vienna. So I took both GoPro gimbals for a head to head comparison, the result of which you can see in the video above. Again, the test featured my dog as a main character, a role he seems to be getting more and more used to. GoPro Gimbals – Observations Both GoPro gimbals are about the same size and weight, and both come in a nice case. The Removu S1 gimbal in particular looks and feels like a quality piece of high-tech, and it made me wonder if had made the wrong decision purchasing the Karma Grip. However, the head-to-head footage comparison clarified everything, with a clear win for the GoPro Karma Grip. As usual, putting priducts into real-world use reveals how good they really are, regardless of what the specs say on paper. With respect to their respective carry cases, the Karma Grip’s is light-years more practical for me, as it accommodates the whole gimbal + cam assembly. The Removu S1 has to be disassembled to fit into its case, and it takes a little while to set everything up. The Karma Grip case is perfect for taking along on a mountain bike trip, but the same can’t be said of the the Removu case. Although I did find some issues with the Karma Grip, I would rate the problems I found with the Removu S1 as quite severe: First and foremost, the major task of stabilizing the footage does not work as well as with the Karma Grip. There are micro jitters all over the footage of the Removu S1. The Hero 4 Black bumps into the Removu body at certain angles, which sometimes causes the gimbal to lose the horizon (see the test footage above). However, it auto readjusted during recording a little later. At one point, the Removu went completely mad for no obvious reason, oscillating vertically and hitting the hard stops quite heavily. I felt I had to immediately turn it off to prevent damage. I could not restart it afterwards, as it would always oscillate heavily from side to side. I thought it was destroyed. Then, I went online and found the “calibration” feature in the manual of the S1. I performed the calibration having to use a small screwdriver, after which it functioned properly again. Not nice, as this never happened at all during my Karma Grip testing so far. If that happens in the field, you can forget the gimbal for the rest of the day. By the way, the test footage above was shot after this calibration process. Strangely enough, when I fitted my Hero 5 Black to the Removu to check if the sound was better than on the Karma Grip (where you can hear the brushless motors), I found the footage to be completely unusable (see test footage around the 1:39 mark). Some housing vibrations (possibly of the brushless motors) were spoiling the audio on the Hero 5 Black video file. Luckily, I was using the “RAW” audio feature, which separately records individual WAV files from each of the 3 mics, and the front stereo track was OK and proved usable. Unimpressed with me looking stupid comparing gimbals: My dog. Conclusion Hats off to Removu for offering such a rich, innovative feature set on the Removu S1 gimbal. Unfortunately, it doesn’t perform as well as the Karma Grip on the major task of stabilizing the footage. That’s why I am glad I purchased the Karma Grip. Despite some small firmware glitches, the Karma Grip performs amazingly overall AND comes in a very usable carry-on case that fits the whole assembly perfectly. One issue which is not resolved yet, however, is audio. Here, the Removu has potentially an advantage, as this GoPro gimbal supports the Removu M1 and A1 microphone package. But this may be a story for a separate post. If you are a video blogger, sound is probably more important to you than a rock-steady image, so I would recommend the Removu S1 and the Hero 4 Black, as this combo gives you much better sound than the Karma Grip. For everything else, I would definitely recommend the Karma Grip. Will either of these be your new favourite GoPro gimbal? Have you had any experience with other similar products in the market? Let us know in the comments section below!Read more
by Graham Sheldon | 30th November 2016
Fresh off job cuts in the 1st quarter of this year, GoPro announced plans today to further reduce approximately 15% of its workforce, totalling 200 positions in the company. This is bad news for the once leading action sports camera manufacturer in the industry. More details on GoPro fires below: In the wake of announcing a full recall of their new Karma drone during election night in the United States in early November, GoPro fires their entire entertainment division and the cuts don’t stop there. Embattled former Microsoft exec and Skype CEO turned GoPro president, Tony Bates, will also be stepping down at the end of the year as the company attempts to restructure itself. GoPro’s entertainment division’s goal of molding the company into more of a traditional media operation built around their online video content is no more. The technology side of GoPro has always been the companies bread and butter and this move signals a renewed focus on the tech innovations that put GoPro kiosks in thousands of stores worldwide. The company also announced today that GoPro camera sales were up 35% during Black Friday week compared with last years internal sales data, but clearly that spike wasn’t enough. Smartphone camera improvements and cheaper competitors with comparable or better specs, such as Sony’s FDR-X3000 Action Camera (which we have used on all recent episodes of our talk show ON THE GO as the main three cameras), have been taking a bite out of GoPro’s market share and eroded half of its stock value so far in 2016. Credit: Google Finance, Yahoo Finance, MSN Money With products like the Karma drone, Session camera and Omni 360 camera array all popping up within the last year and a half, it is clear GoPro hasn’t lost their innovation roots. What’s becoming more and more clear, however, is that 2017 will be a pivotal year to see if the company can return to profitability. Is this news a final nail in the coffin for GoPro, or can the once dominant action sports camera giant turn things around in the new year? Let us know your thoughts in the comments below. via EngadgetRead more
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