wearables

Google to Buy Fitbit for $2.1B
M&A

Google to Buy Fitbit for $2.1B

The deal helps Google better compete in the wearables market dominated by Apple and Xiaomi.
By Lauren Muskett | November 1, 2019
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Apple’s Revenue Is Up, but EPS Is Down
Financial Reporting

Apple’s Revenue Is Up, but EPS Is Down

Strong iPhone sales in China and record services revenue drive third-quarter results for Apple.
By David McCann | July 31, 2019
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Apple Posts Record $11.5B in Services Revenue
Financial Performance

Apple Posts Record $11.5B in Services Revenue

The jump in digital services sales testifies to Apple's progress in selling other products to its installed base of iPhone users.
By Matthew Heller | May 1, 2019
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Apple’s iPhone Sales Fall 15%, Wearables Up
Financial Performance

Apple’s iPhone Sales Fall 15%, Wearables Up

After years of expansion and record-setting profits, Apple “appears to be entering a period of vulnerability.”
By Matthew Heller | January 30, 2019
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Fitbit Employees Accused of Trade Secrets Crimes
Technology

Fitbit Employees Accused of Trade Secrets Crimes

The six defendants allegedly possessed confidential materials belonging to Jawbone after they left the wearables maker to work for rival Fitbit.
By Matthew Heller | June 15, 2018
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Existing Wellness Programs Don’t Impress Workers
Workplace Issues

Existing Wellness Programs Don’t Impress Workers

Just one-third of employees say the programs encourage healthier lifestyles: survey.
By David McCann | February 22, 2018
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Big Q2 Loss Sends Fossil Shares Down 24%
Financial Performance

Big Q2 Loss Sends Fossil Shares Down 24%

The company announces the departure of CFO Dennis Secor as it reports growth in wearables could not offset declining traditional watch sales.
By Matthew Heller | August 9, 2017
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Best Buy Beats Profit Estimates But Sales Sag
Financial Performance

Best Buy Beats Profit Estimates But Sales Sag

The retailer's same-store sales dropped 0.7% in the fourth quarter amid weaker-than-expected demand from gamers and product outages.
By Matthew Heller | March 1, 2017
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Fitbit Runs Into Red Ink for Holiday Quarter
Technology

Fitbit Runs Into Red Ink for Holiday Quarter

Sales of Fitbit's health and fitness trackers fell to 6.5 million from 8.2 million even though it introduced four new devices last year.
By Matthew Heller | February 23, 2017
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Fitbit’s Profits Hit By Manufacturing Problems
Strategy

Fitbit’s Profits Hit By Manufacturing Problems

While revenue increased 23% year-over-year to $503.8 million, earnings fell well short of second-quarter expectations.
By Sean Allocca | November 3, 2016
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Fitbit Makes Move Toward Finance Technology
Technology

Fitbit Makes Move Toward Finance Technology

The company has acquired intellectual property from Coin as it prepares to offer mobile payments on its fitness trackers.
By Katie Kuehner-Hebert | May 18, 2016
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Wearable Shipments Worldwide to Top 200 Million: IDC
Technology

Wearable Shipments Worldwide to Top 200 Million: IDC

At the same time, the research firm expects major changes in the products, including 'smarter watches ... built by classic watch makers.'
By Katie Kuehner-Hebert | March 17, 2016
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Wearables Market On ‘Upward Trajectory,’ Says IDC
Technology

Wearables Market On ‘Upward Trajectory,’ Says IDC

But 'smart wearables,' like the Apple Watch, will take the market lead in 2016, says the research firm.
By Katie Kuehner-Hebert | June 18, 2015
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Insecurity in Fashion
Workplace Issues

Insecurity in Fashion

Another challenge for the IT department: wearable technologies and the security issues they trigger.
By John Parkinson | January 14, 2015
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