GoPro CEO on New Camera Drone, Company Performance

The transcript discusses GoPro's new drone, Karma, and its potential uses in both consumer and professional settings. It highlights the versatility of GoPro products and their impact on the market, despite competition from other camera brands. GoPro's vision as a storytelling solutions company is emphasized, with advancements in cloud services and software. The company also focuses on intellectual property and live broadcasting opportunities, aiming to enhance user experience and expand its market reach.

What is one of the anticipated uses of the GoPro Karma drone beyond capturing footage?

• Underwater exploration

• Cooking tutorials

• Mapping and automotive industry applications

• Space exploration

How many GoPro cameras have been sold since the introduction of the first HD Hero?

• 5 million

• 30 million

• 10 million

• 20 million

What feature of the Hero 5 camera helps it stand out in the saturated action camera market?

• Solar charging capability

• Built-in image stabilization

• Voice control

• Interchangeable lenses

What is GoPro's new positioning as a company?

• A software development company

• A sports equipment company

• A storytelling solutions company

• A camera manufacturing company

What is the purpose of GoPro's Hero cast solution?

• To offer virtual reality experiences

• To improve battery life

• To enhance underwater filming

• To provide live perspectives in television

How has GoPro addressed its software challenges?

• By discontinuing software services

• By improving leadership and building capable teams

• By outsourcing software development

• By focusing solely on hardware

What is a key aspect of GoPro's IP strategy?

• Focusing on international patents only

• Filing more patents each year

• Avoiding patent protection

• Reducing patent filings