Apple Gets Patent For Wearable Camera Causing Go-Pro Stock to Take a Hit

Jan 14, 2015  •  Post A Comment

“Apple has been granted a patent for a wearable camera that could possibly challenge action cameras made by GoPro,” reports Reuters.

The story continues, “The patent, which cites specific weaknesses in GoPro’s cameras, includes details about a camera system that can be mounted on bike helmets or scuba masks, Apple said in an application filed with the U.S. Patents and Trademark Office.”

The article adds, “Shares of GoPro, whose cameras can be mounted on helmets, surf boards, bikes and dog harnesses, fell as much as 15 percent. Apple’s newly patented camera system can also be used under water to take pictures and record sounds, according to the application.”

The article also says that it is not a sure thing that Apple will challenge GoPro in the action camera market.

To read more details about this item we urge you to click on the link above, which will take you to the original Reuters story.

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