Apple Granted Patent For GoPro-Style Camera


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Apple Inc (NASDAQ: AAPL) has been granted a patent for a superior GoPro Inc. (NASDAQ: GRPO) style camera, according to Patently Apple.

“In one implementation, Apple's invention could directly move into GoPro's territory as the patent specifically mentions the weaknesses of the GoPro devices.

“Specifically, the patent notes that the new camera system could be secured to various objects, such as a bike helmet or scuba mask, or mounted to the handlebars of a motorcycle or the front of a surfboard. The new camera system also notes that an iPhone (smartphone) could be used under water to take pictures and record sounds in a water environment,” according to the report.

Apple Inc. recently traded at $111.39, up 1.96 percent.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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GoPro was falling amid the news and recently traded at $51.5 5 , down 9.21 percent.


 

Posted In: NewsPatently Apple