Video cameras, or any type of consumer grade cameras for that matter, are being phased out. Within the next few years we'll probably have phones/cameras/gps/etc all in one SuperGadget - patent pending
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I had a FlipCam. Received it as part of a gift package for some work I did with a client. I liked it, never had a problem with it, but personally I wouldn't have gone out and bought one.
They were all the rage, and were great for doing some quick video stuff. My intention was to replace my webcam with the Flipcam but I never got around to trying to make it work. My niece decided to see what it would be like to record her brother swimming from the bottom of the pool
It's crazy to see a company buy a brand for 500M+ and then shut it down. It's like when Hummer was sold and then shut down. Just doesn't compute with me at all.
The only other thought was that it might have been a strategic move in which to write off something. I've seen some dubious moves by companies purchasing things only to get a write off at the end of the day.
People on YouTube are saying that some of their higher end smartphones have better video quality than Flips.
Honestly, I don't think it matters too much. There are a lot of pocket cameras out there at the same price point that have much better video and sound quality. It's just that Flip had awesome marketing.