Fitbit Can Recover From Cratering Sales And Stock Drop By Making Smartwatches
This morning, Fitbit released an initial statement detailing its disappointing financial results for the whole fourth quarter of last year. In order to recover from the 70% stock drop, Fitbit will create smartwatches.
Pebble Is Over; FitBit To Acquire Developers
The rumors have proven themselves true as Pebble makes FitBit’s acquisition official. And while the price is undisclosed, it is estimated to have been a minimum of US$34 million.
Fitbit Aquiring Pebble: Public To Benefit From Smartphone Partnership
The world of smartwatches and fitness trackers is getting to be a little less crowded, but a lot more competitive as Fitbit starts the acquisition process of innovative startup Pebble.