GoPro says the chip shortage wont affect holiday sales

GoPro says the global chip and other supply chain shortages won’t affect its holiday sales this year, meaning the action camera company is poised to finish one of its best years in recent memory in strong fashion.

“Despite supply chain constraints that are affecting many industries, we have successfully partnered with our suppliers to produce inventory to support our fourth-quarter revenue expectations,” CEO Nick Woodman said while discussing the company’s third-quarter financial results on Thursday. “GoPro.com and our retail partners will be stocked and ready for shoppers this holiday season.”

That’s especially good news for GoPro’s bottom line because the new Hero10 Black is selling incredibly well despite the higher $499 price tag....

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