UAV photography too ram, fear eat GoPro market.

UAV fame, probably will erode motion camera sites, GoPro prospect red? Analysts believe that the drones and motion cameras have a lot of overlap at the party rise, the other will be threatened, GoPro 10 share price fell after hearing the news.

UAV photography

US financial website Pa Rong (Barron's) 10 reported that Citigroup (Citigroup) of Jeremy David and Ehud Gelblum report that they believe sport cameras and unmanned aerial vehicle market overlap, UAV grow faster, the recession risk sports camera higher. GoPro threat does not come from other sports camera OEM manufacturers, but the devastating effects of drones and innovation to bring virtual reality. GoPro UAVs currently in poor performance, homemade models will come out in 2016, still struggling to catch up with rivals. GoPro sports camera in the market share of up to 70%, if the UAV eaten motion camera sales, GoPro will suffer heavy losses.

Citigroup reported, GoPro into the UAV field, since 4,5 years ago to make the company a hit video camera enthusiast, and now are turning to UAVs. IC designers Ambarella (Ambarella) next quarter earnings, estimated 10% of revenue comes from the built-in camera drone. Ambarella CEO Wangfeng Min (Fermi Wang) last week in the earnings conference said that this year the built-in camera drone shipments exceeded 100 million units are expected, opportunities may wearable sports camera par.

ValueWalk Citigroup report said quoting the same interviewer showed willingness of people to buy sports camera decline. Only 5% of US consumers intend to purchase within the next 12 months, less than 7 percent last year. Citigroup estimated, GoPro shipments in 2018 will fall to 9.3 million units, less than the previous estimate of 10.6 million units.

GoPro 10 day shares fell 1.31 percent to close at $ 57.91, since May 29 closing low; down 8.40 percent so far this year.

After GoPro 1 launched the latest "Hero + LCD" touch screen camera, the day the stock was jumped more than 7 percent, then jumped 5.52 percent whistle close $ 58.52, the highest since Jan. 9 closing high. Chicony for the GoPro foundries.

CNBC and Re / code coverage, GoPro just announced at the end of May entered the field of virtual reality and unmanned, will launch the spherical imaging means in the second half of 2015, can record video content, virtual reality, and plans to publish next year UAV expand business territory.