Apple Overtakes Fitbit Wearables Market Lead
In the first quarter of 2017, Apple captured 16% global wearables market share and overtook Fitbit to become the world’s largest wearables vendor, according to market research firm Strategy Analytics.
In the first quarter of 2017, Apple captured 16% global wearables market share and overtook Fitbit to become the world’s largest wearables vendor, according to market research firm Strategy Analytics.
Fitbit reported a decline in revenue and a net loss in its first quarter, as the wearables company saw demand contract in North America.
Garmin has added to its vívosmart lineup of fitness trackers with the launch of the vívosmart 3, an activity tracker with an ultra-slim design and new tracking features.
Fitbit, Inc. said it has enacted changes to its senior leadership team and is preparing to reorganize the business in an effort to reignite growth and return to profitability.
Fitbit has introduced its Alta HR fitness tracker with PurePulse heart rate technology, which is said to be a miniaturization of its heart rate tracking technology, in order to launch its slimmest tracker to date. It has also unveiled two new sleep tools featured in the device.
The Withings ecosystem of connected health products is set for a re-launch under the Nokia brand in early summer 2017, including connected scales, trackers, blood pressure monitors, thermometers and home cameras. At the same time, Nokia will unveil a redesigned Health Mate application and launch its new Patient Care Platform.
Qardio, Inc. has launched a wearable electrocardiogram (ECG/EKG) monitor, QardioCore.
Fitbit has acquired specific assets of Pebble, including key personnel and intellectual property related to software and firmware development.
At this year’s CES Unveiled NY, Shawn DuBravac, Consumer Technology Association chief economist, discussed several current economic and technology industry trends that will impact holiday sales.
Fitbit grew its sales in the third quarter, as the company continued to expand its wearables assortment.