Go Pro is in deep trouble, but not for the reasons all of the Wall Street analysts are saying. There is a big market out there for high-quality action cameras, and sales will likely continue to climb. The problem GoPro is running into is a problem that all technology leaders run into after a while: Other companies out there are now selling products that are just as good as a GoPro camera for a fraction of the price.
Here’s a perfect example: From now until the end of the day on April 2, Amazon is selling the Activeon CX Action Camera (Onyx Black) for just $91. Is it really as good as a GoPro? A whopping 4.4 star customer rating on Amazon doesn’t lie.
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