Will Snap Avoid or Repeat GoPro's Fatal Mistakes? : vimarsan

Will Snap Avoid or Repeat GoPro's Fatal Mistakes?


Snap (NYSE:SNAP) could launch two new hardware devices in the near future, according to
The Information. The first device will reportedly be the fourth iteration of its Spectacles smartglasses. The second device could be a selfie drone. Snap previously invested in Zero Zero Robotics, a start-up that developed a folding camera drone, and it could use its technology to build a similar device.
Snap's expansion of its hardware business could broaden its ecosystem and reduce its dependence on Snapchat's ads, but the strategy also bears a resemblance to
GoPro's (NASDAQ:GPRO) doomed plans from several years ago. Let's see if Snap can avoid the same mistakes as it rolls out its new devices.

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