Sentences with phrase «wearables maker fitbit»

Struggling wearables maker Fitbit released its first true smartwatch, impressing investors a little bit.

Finally, wearable maker Fitbit also disappointed with its upcoming quarter forecast and its shares were down 6 %.

Not exact matches

Fitbit and Chinese low - cost gadget maker Xiaomi tied for first place with 3.6 million wearable devices shipped in the quarter.

While neither brand has made a huge dent in wearable sales — at least compared with devices like the Apple Watch and Fitbit's various products — this news could hint at certain trends among makers of smartwatches and fitness bands.

Wearable device maker Fitbit forecast current - quarter revenue below Wall Street estimates on Wednesday.

Wearable device maker Fitbit forecast current - quarter revenue below Wall Street estimates on Wednesday as the company expects further sales declines for its fitness tracking devices.

Wearable device maker Fitbit Inc. said on Wednesday that it had bought smartwatch maker Pebble's software and intellectual property.

(Reuters)- Shares of Fitbit Inc (FIT.N), a maker of popular wearable fitness - tracking devices, ran up as much as 60 percent in their debut, valuing the company at $ 6.5 billion.

By Shariq Khan (Reuters)- Wearable device maker Fitbit Inc forecast current - quarter revenue below Wall Street estimates on Wednesday as the company expects further sales declines...

Stocks in the red include Fitbit, as the wearables maker issued a weaker - than - expected current quarter guidance; Spotify as the streaming service missed on earnings but reported subscription numbers that were below expectations; and Tesla, with shares dropping despite an earnings and revenue beat, as cash burn hit $ 1 billion last quarter and CEO Elon Musk criticized analysts, and took questions from a YouTuber in a bizarre earnings call.

The question is whether the lower - priced Versa will help Fitbit regain some of its steam in the smartwatch market, having just ceded the title of number one US wearable maker to Apple and coming off a disappointing holiday earnings report.

Fitbit, the leader in the wearables category, is close to an agreement to buy struggling smartwatch maker Pebble for up to US$ 40 million, in a move to gain the firm's intellectual property and software.

Fitbit's shiny new Ionic smartwatch was supposed to help the struggling wearables maker get back on top for the holidays, but it's looking like a grim reckoning may be coming for the company next year instead.

The dispute comes at a sensitive time for the overall wearables market, with Fitbit having just agreed to acquire struggling smartwatch maker Pebble, reportedly for US$ 40 million.

Brian: The new fitness features of the Apple Watch place the product in more direct competition with Fitbit, the largest wearables maker.

Fitness device maker Fitbit Inc., is reportedly inching closer toward its acquisition of Pebble Technology Corp., the wearable startup, in a move that will bolster the former's growth and help it compete better with rival Apple Inc..

Wearables - maker Fitbit offers a range of devices with a strong focus on fitness, but there's a strong indicator the company will soon strengthen its health features.

It looks consolidation is acoming to the wearables space with Fitbit set to acquire smartwatch maker and multi-million-dollar Kickstarter - darling Pebble, according to a report from The Information.

This marks the first time Apple has unseated Fitbit for the crown, and there has been quite a shakeup throughout the ranks of the wearable makers.

Fitbit, the company which is very popular for its fitness wearable devices in the market earlier announced its successful acquisition of yet another popular smartwatch maker Pebble.

The popular fitness tracker, wireless - enabled wearable technology devices maker Fitbit has now launched the new Ionic smart watch.

The Fitbit Ionic is the fitness wearable makers first true smartwatch, but at # 300 it's a pretty pricey thing to have, especially for a platform that's still building out.

Fitbit, the maker of popular fitness tracking wearables, on Thursday filed its initial public offer (IPO) on the New York Stock Exchange with an initial aim to raise $ 100 million.

The Fitbit Surge puts the wearable maker another step closer to a full - fledged smart watch.

Wearable health band maker Fitbit is in the process of developing a Windows 8.1 application for its popular smartbands.

Wearable fitness device maker Fitbit Inc's profit forecast for the current quarter fell far short of analysts» estimates, overshadowing a strong first - quarter report, sending the company's shares down 13 per cent in after - hours trading.

Aside from Fitbit and Pebble, the top wearable makers come in at the very high end (Apple), very low end (Xiaomi), or specialized (Garmin).

Fitbit, the maker of a popular line of wearable fitness - tracking devices, on Thursday filed for an initial public offering worth up to $ 100 million.

There are other obstacles to consider too, like getting people to actually wear a device on a consistent basis — something that Fitbit, and most other wearable makers, have struggled with in the past.