GoPro’s Stock Plummets After Apple Patents A Sports Camera

January 14, 2015

 
Wall Street may fear that if Apple Inc. gets into the sports camera business, it will be bad news for GoPro. Shares of the action-photography manufacturer fell more than 12 percent on Tuesday after Apple received several patents, including one for a remote-controlled camera. Apple criticized a popular GoPro model when it bought rights to the…

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