Imaging recource: GoPro declining sales figures see stocks plummet, substantial workforce layoffs

    Due to less than expected sales and price protection related charges, GoPro has cut its fourth-quarter revenue projection to $435 million USD (according to Bloomberg, expected revenue was $511 million). Projected revenue for 2015 has also been reduced to $1.6 billion overall. Indicative of their struggles to sell products of late, the GoPro Hero 4 experienced two price cuts since its launch last summer, first from $399 to $299 and then to $199 in December. According to GoPro's financial press release on Wednesday, fourth quarter...
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