Fitbit Inc
Latest Fitbit Inc News and Updates
The 2% Fall in Fitbit Stock since May 1
Despite a 40.0% YoY fall in sales in 1Q17, Fitbit stock rose 12.0% on May 4, 2017, since it beat analysts’ revenue estimate.
How Is GoPro Enhancing Customer Experiences?
During GoPro’s 4Q16 earnings call, the firm stated that it wants to make GoPro products central to the smartphone experience.
Under Armour’s Fitness App Platform Is the World’s Largest
Late last year and in early 2015, Under Armour acquired Endomondo and MyFitnessPal. Its fitness app user platform became the largest in the world.
Here’s Why R&D Spending Is so Important for Fitbit
Fitbit’s revenues have increased substantially during the past few quarters, and so the company has placed a significant focus on its R&D spending.
Should Google Renegotiate the Fitbit Acquisition Deal?
Google’s (NASDAQ:GOOGL) bid to purchase Fitbit (NYSE:FIT) faces regulatory hurdles. Fitbit is a prominent company is the fitness tracker market.
Rumors Keep Swirling: Will Google Acquire Roku?
Roku (NASDAQ:ROKU) shares rose more than 12% on Tuesday. The shares soared due to rumors about Google acquiring the company.
Google and Fitbit Deal Faces a Big Hurdle, DOJ Expands Review
In November 2019, Alphabet’s Google agreed to purchase fitness trackers maker Fitbit (NYSE:FIT) for $2.1 billion. However, the deal is still pending.
Apple’s Smartwatch Business Soars, Competitors Fall Behind
Apple controls about a 49.7% share of the global smartwatch market. The company is the clear leader in the market.
What Investors Can Learn from Facebook’s Fitbit Bid Failure
Facebook pursued Fitbit but lost the bidding war to Google, which bumped up its offer more than 60%. Facebook remains keen to expand its hardware business.
AirPods and Apple Watch to Make $35 Billion in 2019
Ever since Apple’s (AAPL) iPhone launched over a decade ago, it’s been a key sales drive. Now, AirPods and Apple Watch are likely to lead growth.
A Look at Expected Growth for the Apple Watch in 2018
Analysts expect Apple Watch Series 3 shipments to rise 20.0% year-over-year in 2018 to 23 million–25 million units.
Why Fitbit Needs to Consider Google’s Acquisition Bid
Fitbit (FIT) stock has gained 43% in the last three trading days. FIT stock is trading at $4.31, which is 118% above its 52-week low.
Apple Watch Dominates Smartwatch Segment Again
Apple Watch dominated the smartwatch market. The company had the top position with a share of 46.0% in the second quarter.
Fitness Trackers Are Likely to Hit Fitbit’s Sales in 2019
Though Fitbit’s smartwatch sales rose 437% in 2018, the company posted negative overall revenue growth.
A Look at Fitbit’s Estimated Revenue and Earnings Growth in 2019
The entry of Apple, Xiaomi, Huawei, and Samsung into the wearables space has drastically reduced Fitbit’s market share.
The US Smartwatch Adoption Rate Continues to Increase
The wearables space has seen seeing lackluster growth for the last couple of years. However, one segment that’s been doing well is smartwatches.
Will Fitbit’s Latest Smartwatch Drive Revenues?
On September 13, 2017, Fitbit (FIT) launched its latest smartwatch, the Ionic, which includes heart-rate monitoring, personal coaching, and a built-in GPS.Company & Industry Overviews What Explains the Columbia Select Large Cap Growth Fund’s Poor Showing?
The short-term performance of the Columbia Select Large Cap Growth Fund – Class A (ELGAX) is excellent, and the past six months have been great for the fund.