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GoPro will stop selling drones once remaining Karma register is gone

The GoPro woes continue with the recover of the company’s rough Q4 2017 earnings. To little surprise, the company announced it will leave the drone marketplace once it sells off its remaining register of $799 Karma drones.

“Although Karma reached the #2 marketplace position in its cost rope in 2017, the product faces domain hurdles in an intensely rival aerial market,” the report states. “Furthermore, a antagonistic regulatory sourroundings in Europe and the United States will likely revoke the sum addressable marketplace in the years ahead. These factors make the aerial marketplace illogical and GoPro will exit the marketplace after selling its remaining Karma inventory. GoPro will continue to yield service and support to Karma customers.”

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