|Fitbit Is Entering New, Dangerous Waters As Consumers Turn To Smartwatches
By: Fast Company
Not too long ago, most consumers were satisfied that simple fitness trackers, not smartwatches, were a good way to enter the age of the “quantified self.” Sales of Fitbit’s trackers flourished, and the company held a successful IPO.
But times have changed, the numbers show. More fitness-minded people are moving to smartwatches, mainly the Apple Watch. Fitbit, which is now working on a full-fledged smartwatch of its own, may find this a dangerous era in which to live.
In the run-up to the launch of the Apple Watch back in 2014, Fitbit CEO James Park got the same question a lot: How are you going to compete? The assumption was that Apple would deliver a beautiful device that did everything a Fitbit did and much more.
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This article was published on Fast Company. A link to the original piece appears after the post.
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