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GoPro Hero 5 release date, updates: GoPro 'perfecting' upcoming action-camera pointed out as reason for delayed launching?

| Jun 25, 2016 01:23 PM EDT

It is said that GoPro needs ample time to plan Hero 5's release, as the company does not want the camera to have the same fate as its predecessors.

As soon as GoPro Hero 4 was launched in 2014, fans were left thinking when the next iteration will soon be released. At the end of 2015, GoPro admittedly announced they have lost a massive portion in terms of sales. After the announcement, several reports speculated the company's next action-camera, dubbed as Hero 5, will be maximized to catch up with the company's loss in sales last 2015.

GoPro previously announced that ahead of its Hero 5 launching, their own drone camera will be launched first half of this year. The said drone will then be followed by the much-awaited release of Hero 5. Unfortunately, schedules seem to have slacken at GoPro that the release for their first generation of drone was delayed, thus delaying Hero 5 as well.

As soon as the news reached online, another speculation was brought to the table. It has been reported the reason for delay in launching of Hero 5 is that GoPro is trying to furnish its next iteration of action-camera by creating a device close to perfection.

Despite this positive perception, Longbow Research Analyst Joe Wittine believes otherwise. In a report dated June 14, Wittine gave GoPro Inc. a neutral rating stating that although there is still a possibility for the situation to turn around the company's favor, the high confidence some investors have in the company cannot still be guaranteed, Value Walk reported.

As revealed in previously, GoPro CEO Nick Woodman announced that 2016 will be a year for the company to focus on Hero 5. The next iteration is rumored to have a battery life twice of the Hero 4, yet 50 percent smaller in size. It was also speculated to be priced around $450 to $550, CNet reported.

In terms of processor, Hero 5 will be using a Snapdragon processor instead of Ambarella which it used in its previous versions. Though this was not confirmed, a Qualcomm representative validated Snapdragon processors are capable of simultaneously capturing and streaming 1080p quality at a rate of 30 fps. And now that Qualcomm is developing Wi-Fi and 4G LTE modems, their processors may be a better fit the much-awaited Hero 5.

To get more idea on the upcoming action-camera, watch the video below.

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