Will Fitbit see growing demand with new products?

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In the recent quarter, Fitbit posted a slump in earnings. Profit fell 43%. Revenue rose 23% as the company managed to sell about 5.3 million devices. New products like Fitbit Blaze, Alta, Fitbit Charge 2, Fitbit Flex 2 and related accessories comprised 79% of quarter’s revenue.

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    William_Morris - 1 day ago

    Before purchasing I researched many fitness devices such as the Jawbone UP, the Nike Fuel and the Polar Loop, I also read reviews of the Fitbit force which are the newest version of Fitbit device.essay writing There is much fitness products in the market they provide all fitness tracking solutions. but Fitbit products are best for wearable in many styles. I highly recommend buying Fitbit products.

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    Simard57 Alpha Member #631 - 2 months ago

    I started a thread similar to this one. My post was wondering if Wearables have crested already ---

     

    found this interesting http://money.cnn.com/2016/11/02/technology/fitbit-stock-tanks/index.html?iid=SF_LN

    The yikes moment from the article

    Yet, the overall market for wearable devices is experiencing turbulence. Worldwide sales for smartwatches plunged 52% in the third quarter compared to the same period a year earlier, according to a recent report by IDC.

    Surely this is not a saturation moment – too early for that. Are fitness bands losing their appeal?