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Apple’s new video camera patent sends GoPro’s shares into a tailspin
2015-01-13
 

IP News

Home > IP News

Apple’s new video camera patent sends GoPro’s shares into a tailspin

2015-01-13

Apple has been awarded a new patent for a video camera, potentially opening a rivalry with sports camera maker GoPro.

Shares of GoPro, the sports camera maker, nosedived Tuesday after Apple was awarded a patent for a potentially competing device.

Investors sent GoPro’s shares down 13% in mid-day trading to $49.45, their lowest level in four months.

 

January 13, 2015

To continue reading, click here. 

http://fortune.com/2015/01/13/apples-new-video-camera-patent-sends-gopros-shares-into-a-tailspin/

 

 

 (These latest Intellectual Property (IP) news and events presented here, are prepared and compiled by us, the World Patent & Trademark Law Office (WPTO),for your reference and information)