Originally filed by Kodak in 2012 and subsequently acquired by Apple in a much larger Patent deal, the Patent details a Remote digital Camera system that can be controlled by a smartwatch or phone. In its description, the Patent seeks to addresses a wind resistance flaw present in select GoPro cameras that may lead to image artifacts.
According to Dougherty & Co. analyst Charlie Anderson, the GoPro stock plunge was led by investors concerned that Apple may encroach on the extreme action-adventure Camera market currently dominated by GoPro. Investor reaction to this Patent appears to have been overblown, however, as Apple patents a variety of tech**logy in**vations, most of which are **t used in consumer products. And in this case, the tech**logy wasn't even Apple's to begin with, making it even less clear whether the company has any intention of following up on it.
01-14-2015, 06:00 PM
GoPro Shares Tumble After Apple Granted Remote Control Camera Patent [Mac Blog]
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