Over the last few years, the Netgear spin-out Arlo "pivoted to become services-focused" (research report) and this fall, the stock dropped 30%+ as the company admitted various problems. Then, this week, Arlo's newest moves caused an uproar on various consumer sites.
Here's the CEO explaining the EOL decision of certain 6 to 8-year-old cameras:
********, *** ******* ********* ** **** Arlo ************ ******** * **** ** free ******** ******* *** **** ** going ****. *** *** ******** **** in * *** **** * ***'* understand, ******* **** ***** *** ************ only ******** **+ *** ******* ****:
* **** ** ** ******* ************ that, *********** ********, ****** ******* **** than ** **** ** ******* *** can ******* **** **** ****.
********, ************ ****** *** ***** ** 20% ** **%:
****, ***** *** ******* ****** **** than ****, ** *** ***** ~$*** *******, down **** **** **% **** ****** in ****.
*** ******** ************ ****** *** ****** especially ***** ******* ** ********* **** Wyze *** ***** ** *** *** end *** ****** **** ****** (****) and ****** (****).
*** ***'* ******* **** **** ** days ******* ** ******** ** **** other ********* ****** * "** ** effort ** ******* ****** ******** *******, we *** ** ****** ********* ***** particular ******** *******" **** ** **.
** ***** ********* *** ******* *** transparent ***** ***** ********** ***?
***** **** *** **** ********* ** telling * *** ***** ****** **** it ******* ******** ** *****.