Why did GoPro's revenue decline sharply in Q4 2024?

GoPro's revenue decline in Q4 2024 can be attributed to **Macroeconomic Challenges and Consumer Discretionary Spending**.

1. **Global Macroeconomic Headwinds**: GoPro is facing global macroeconomic headwinds that are impacting consumer discretionary spending. This is a broad economic challenge that affects many consumer goods companies, not just GoPro.
2. **Delayed Product Launch**: There is a delay in the launch of the new 360-degree camera, which is affecting revenue and market share. This delay likely led to lost sales opportunities compared to competitors who had their products available.

In summary, GoPro's revenue decline is due to a combination of macroeconomic challenges and delayed product launches. These factors have likely led to decreased consumer demand and disrupted sales patterns, resulting in a decline in revenue.