Fitbit on track to unveil "the best health and fitness" smartwatch by the end of the year


Fitbit, the company that makes fitness wearables, is planning to lift the cover off 'the best health and fitness' smartwatch by the end of 2017.

Fitbit co-founder and chief executive James Park was confident that the company can deliver the best product in this category. Here is what Park said at the Fitbit conference call:


Fitbit sold 3.4 million devices in the second quarter of 2017, growing 14% from the preceding quarter and scoring $353 million in revenue. But if you look at Fitbit's results last year, you will see a big decline from sales of 5.7 million units in the same quarter in 2016. After drawing the line, the company was in the red this quarter, with a net loss of $58.2 million.

Fitbit has recently been having bad times as people turn to cheaper fitness wearables by companies like Xiaomi or more premium, complete smartwatch experiences like the Apple Watch.

Getting that best-in-class fitness smartwatch is crucial for Fitbit's future, so we're looking forward to see how it turns out.

source: Fitbit via Seeking Alpha

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2 Comments

1. surethom

Posts: 1669; Member since: Mar 04, 2009

If the watch looks like a watch & thin enough this might replace my Android wear Huwaei w1 as Android health apps are terrible all. I want is 1 app to record steps, heart rate & sleep patten. Non available on Android wear that are good enough. Fitbit & jawbone have the best apps pity jawbone is dead.

2. PhoneCritic

Posts: 1354; Member since: Oct 05, 2011

Agreed, with the statement that Android wear health apps are terrible, But that's based from when I last used one with the original Motorola 360 ( god design but poor craftsmanship ). since then I have abandon all smartwatches as I find that the Samsung health app on my S6 and S7 are really fantastic. I don't need a smartwatch as the Samsung app really covers a gambit of what I need. But that being said the Samsung Gear 2 and 3 watches look pretty good and integrate well with the S line. One thing that keeps me from getting one is the price it needs to be below 100.00 ( I feel no smartwatch is worth above that not even the Apple watch). Sorry to rant - you may not like any of the Samsung devices but I just wanted to let you know about my experiences with them thanks for listening.

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