Wednesday 14 January 2015

GoPro stock plummets after Apple granted patent for mounted cameras

GoPro stock plummets after Apple granted patent for mounted cameras


Apple may have just shoved GoPro's stock off a cliff. GoPro's stock fell 12% on Tuesday, following a report that Apple had been granted a patent for a mounted digital camera system similar to the devices that GoPro produces. Patently Apple reports that the U.S. Patent and Trademark Office granted Apple nearly three dozen patents on Tuesday related to the camera system, dating back to filings from 2012.

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1 comment:

  1. "Apple granted patent and this made GoPro face a huge downfall. Messing around with a big brand will cost others this."

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