In need of something big from Hero5 and Karma drone, GoPro trims current product lineup

With GoPro's recent struggles leading them to reduce their workforce by 7%, GoPro has decided to also trim down its product lineup.

Starting in April, GoPro's current lineup of six cameras (Hero4 Black, Hero4 Silver, Hero4 Session, Hero+ LCD, Hero+, and Hero) will be reduced to three cameras, with the latter three in the list above being discontinued.

Discontinuing products is not unusual, especially when releasing new ones, but GoPro's upcoming Hero5 camera is nowhere to be found as of yet. Originally scheduled to be released last fall, as GoPro typically does with their flagship products, the Hero5 was then expected in early 2016, which would align nicely with the reduced product offering. However, according to reports, the Hero5 is now expected later in the year. This delay will allow GoPro to spruce up the Hero5 and make it a more connected device, poised to better compete in the current market.

 

GoPro's one month (left) and three month (right) stock performance shows a pretty consistent decline to finish 2015 and start 2016.

We're still waiting for more information on GoPro's upcoming drone (releasing sometime this year), but GoPro has, at least, released additional 4K footage from the drone, which is now called "Karma."

It'll be interesting to see what comes of GoPro's Karma drone and also their potential foray into virtual reality, because as of right now, they're struggling. An exciting new product launch could possibly right the ship.

(Seen via DIY Photography)