Is this the end of the once-mighty GoPro?
https://amateurphotographer.com/latest/photo-news/going-going-gone-is-this-the-end-of-the-once-mighty-gopro/You can be more expensive if you’re better, or you can be worse if you’re cheaper, but they’re both the downsides while living purely off brand recognition.
They also blew up in a time where there wasn’t any real competition. Sony had action cameras but they were bulkier and expensive, and didn’t have the features of GoPro.
These days other brands give better quality video in better quality hardware and more functionality, for cheaper.
Insta360 is a Chinese company designed in Shenzhen and built there, too.
People think this doesn’t matter, but GoPros are used all over in aerospace. If we replaced the brand with Insta360, that puts a big attack vector all over the place.
A similar pattern happened with drones with DJI, intentionally killing all non-Chinese drone brands. And with BambuLabs (founded by ex-DJI) with 3D printers (the only good non-Chinese printer that doesn’t cost 10-100x as much is Prusa, and they’re facing extremely strong headwinds).
Legitimately better Chinese products (incredible engineering) that have massive industrial policy support, probably industrial espionage support (as in the case of DJI for certain), massive influencer marketing campaigns, and near zero cost of capital. When China wants to deindustrialize non-Chinese industries for strategic and/or natsec reasons, they are incredibly good at it. (And note it’s not US-only, China targets basically ANY brand that isn’t Chinese. China absolutely does this to Europe as well… and you can see them doing it in real-time with automotive.)
The only surprising thing to me is how people just act like it’s not happening. I guess for people who don’t have any experience working on federal government adjacent aerospace stuff, the idea of natsec considerations for IT hardware seems entirely abstract, but it’s incredibly real if you do.
Gave the brand a second chance some years ago. Couldn't export my videos from the app, it always hanged. So I couldn't share footage. Apparently a common long standing problem on forums.
Woved to never buy anything from them again.
Apple somehow reigns supreme still. Anyone else?
Action cameras sound like a tough business, since most of them are built to last ages, and they need to keep the vast majority of content creators happy trying to increase image quality in a small form factor.
Anyway, I bought the Insta360 Go Ultra I had my mind on from the start, which I'm still reasonably happy with.
As soon as we hit deeper waters the capture button pressed itself down due the pressure and it wouldn’t come back up. That, unfortunately happened in a way that I couldn’t start a capture. Lost the entire thing, despite the camera being perfectly fine after we came back to surface.
Hated them ever since.
That said, GoPro is not the best for low light environments, and the battery is a bit temperature sensitive, both which can be an issue when diving.
The "problem" is that I don't use it that often. Most people do not need action footage regularly. It was more like a impulse/hobby buy rather than a need.
I thought they were meant to be really robust and hardy but it decided not to work when I needed it and now I don't really trust them tbh. It's sort of opposite of what the brand was leading me to believe.
Then they started this subscription thing and I was like, finally, they're going the SaaS way, they will make so much money, and they will be able to improve that camera that basically never seems to improve much version after version. I bought a bunch of put options, and I lost all my money, every time I put back some in the put options.
Now I have the insta360 go ultra and... I think go pro is going to die. It's just so good.
and... -- and please correct me if I'm wrong -- got burned by it?
???
Heck in youtube videos you'll occasionally hear "for some reason my gopro is really hot and smells like burning plastic".
Happens to every big brand, really.
typical story. first move out production, loose core competency, let competitors copy it with own brands in own jurisdictions, and shut down business.
Insta360 is the company that has essentially taken over this space.
It's possible they are just poorly run, and they spend more in R&D than they recoup in revenue, but I strongly suspect they were set up to only be profitable if they sold millions of cameras per year as an attempt to maximize profits at that volume, without consideration of other scenarios.
Gopro has this cool reliable aura around them. How could they he struggling? So bizarre