"Apple appears to be moving into GoPro's territory. The U.S. Patent and Trademark Office published a series of 34 newly approved apple patents Tuesday, one patent in particular relating to a camera system that could be mounted to various objects while being controlled using a phone or watch, according to Patently Apple."
According to the site, Apple's invention could directly move into GoPro's realm as the patent specifically mentions the weaknesses of the GoPro devices.
Apple's new patents show the tech giant's possible entrance into the field of digital video cameras, notably, digital cameras equipped with remote control and wireless capability.
Read more (cnbc): Shares of GoPro dropped some 12 percent in late-session trade.