Apple’s Revenue Is Up, but EPS Is Down
Strong iPhone sales in China and record services revenue drive third-quarter results for Apple.
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.
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.”
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.
Existing Wellness Programs Don’t Impress Workers
Just one-third of employees say the programs encourage healthier lifestyles: survey.
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.
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.
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.
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.
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.
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.'