Fitbit reported $353M in revenue, down 40% and sold 3.4M devices, up 14% sequentially in Q2 2017. The company recorded a loss of $58.2 million and a profit of $6.3 million. Fitbit has been working on a new smartwatch and it will be released later this year.
Continue reading “Fitbit to launch a new health and fitness smartwatch later this year”
Check out the latest FoneArena Daily video that gives you a quick roundup of the latest technology news. Continue reading “Jio Summer Surprise offers announced, Sony Xperia XZs launched and more – FoneArena Daily”
The worldwide wearables market reached a new all-time high as shipments reached 33.9 million units in the fourth quarter of 2016 (4Q16), growing 16.9% year over year, according to data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Shipments for the entire year grew 25% as new vendors entered the market and previous leaders refreshed their product lineups. A total of 102.4 million devices were shipped in 2016.
Continue reading “Worldwide wearables market grows 16.9%, Fitbit still on top in Q4 2016: IDC”
Fitbit has announced preliminary results for Q4 2016. The company is slashing 6 percent of its global workforce which is 110 of its employees as a result of disappointing fourth quarter financials.
Continue reading “Fitbit to slash 6% of workforce, 6.4 million devices sold in Q4 2016”
Fitbit has acquired smartwatch maker Vector for an undisclosed sum. As a result of the acquisition, Vector Watch team and its software platform will become a part of Fitbit. The latest acquisition comes from Fitbit only a month after it acquired Pebble smartwatch maker.
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Fitbit has dropped a year old patent complaint against Jawbone. The fitness tracker and smartwatch maker had filed a complaint it the U.S. International Trade Commission, in which it had accused Jawbone of violating its patents. The case also sought a ban on the import of Jawbone’s fitness tracker into the US. Continue reading “Fitbit withdraws patent case against Jawbone”
In a move that has been anticipated for a while, Fitbit today announced that they’ve acquired Pebble. The maker of what was arguably one of the first popular smartwatches, Pebble simultaneously revealed that they are winding down all hardware operations effective immediately. Continue reading “Pebble winds down operations as Fitbit acquires company assets”
Basic wearables, primarily comprised of fitness bands, accounted for 85% of the market and experienced double-digit growth in Q3, 2016, according to latest report from the International Data Corporation, (IDC) Worldwide Quarterly Wearable Device Tracker.
Continue reading “Wearable market soars 3.1%, Fitbit maintains lead in Q3 2016: IDC”
Fitbit is said to be close to buying smartwatch maker Pebble, according to a latest report from The Information. There is no word on the price of the deal but the report says it is for a “small amount”. Some reports are claiming the amount of acquisition between $34-$40 million. Continue reading “Fitbit reportedly close to acquiring smartwatch maker Pebble”
This week Samsung, as we had exclusively reported, launched Galaxy A9 Pro (SM-A9100), the company’s latest top-end smartphone in the ‘Galaxy A’ series in India. Continue reading “Weekly Roundup: Samsung Galaxy A9 Pro, Lenovo’s three new 4G VoLTE smartphones, new 4K TVs and more”
Fitbit has released a new software update for its Blaze fitness smartwatch which bring a bunch of important features. The company has also rolled out new Special Edition Gold Series for Alta fitness tracker and Blaze fitness smartwatch.
Fitbit has launched two new fitness trackers in India – Charge 2 and Flex 2. Both the devices sport a sleek design and enhanced fitness tracking.
Fitbit, the popular fitness tracker and wearable maker made its foray into the smartwatch market by announcing its first Blaze smart fitness watch at CES 2016 in January this year. The company is known for making quality fitness trackers and hence we were curious to see what it brings to the table with its “fitness watch”. The Fitbit Blaze was launched in India in March this year for a price of Rs. 19,999. Does the company manage to offer the perfect blend of a smartwatch plus a fitness tracker with Blaze? Is the device worth its price tag? Let’s check the same in this detailed review.
Continue reading “Fitbit Blaze Review”
