Go Pro Inc. (NASDAQ:GPRO) has established its repute in the arena of video cameras with its Hero (model), which is one of the best video cameras available out there. This reputation is probably going to be reinforced by the upcoming model Hero 5. Go Pro Hero series enabled the company to make a great profit during the year 2014. The figures made by Go Pro Hero 4 alone are amazingly huge i.e. approximately $2.5 million units during the fourth quarter.
The company hasn’t reached a standstill with its Hero series, rather it is trying to be innovative and is treading into diverse arenas. One of these diversifying arenas deals with provision of a streaming platform by the company. Moreover, the corporation is hoping to form a connection between this streaming platform and its camera devices. The best part is that Go Pro Inc. (NASDAQ:GPRO) is busy in making useful alliances that would help it to improve its business as well as come up with innovative technologies. Recently, it made an alliance with LG Electronics Inc. (KRX:066570) as well as Marriot Hotel Chain.
Even though Go Pro Inc. (NASDAQ:GPRO) has made an immense profit with its cameras, yet this success has failed to satiate the company, which is now aspiring to come up with another model to add to the Go Pro Hero series. There is a building expectation in the company that Go Pro Hero5 would make an even bigger break-through than its predecessor models and consequently mean a bigger success for the company. This is in accordance with the recent trend of multimedia and lots of people purchasing video cameras to complement this trend.
A delay to be observed in Go Hero Pro 5
Since Go Pro Inc. (NASDAQ:GPRO) is aspiring to make this upcoming model an even greater success, therefore working on it is understandably going to be a bit complex. Therefore, as a very natural corollary, delays are being observed in the launch of this upgraded model. Fuse Joplin has made a report in which it is predicted that the awaited launch might be made somewhere in 2015, most probably by the end of the year.
This unfortunate delay might disappoint some of the Go Pro Inc. (NASDAQ:GPRO) fans who were anxiously awaiting Go Pro Hero 5. However, this delay might seem to be worth it, since the company claims that the upgraded model would not merely have an outstanding performance, rather this performance would also be conjugated with brand new and specialized features.
Improvements likely to be there in Go Pro Hero 5
There are rumors that Go Pro Hero 5 would come with an A10 chip. This specialized chip would have an amazing capture potential, since it would be equipped with the faculties of capturing 4K videos at 60 frames per second. It is also expected that its battery life would be further improved. Moreover, it will also be equipped with a dual-lens set up. This set up would enable Go Pro Hero 5 to enjoy the additional features of 3-D technology.
Expected Price of GoPro Hero 5
Although no confirm price has yet been set forth by the company, however there are speculations that it would range from $400 to $500.
