Fitbit sells nearly 5 million wearables in last quarter

May

5

2016

Fitbit has sold nearly 5 million bracelets and smart watches in the quarter, mainly Alta and Blaze. Also indicated the company indicated that it is working on new products that will deliver it before the end of the year.

During a conference call left-Fitbit CEO James Park know that should be the new wearables for the holidays in the stores, so has The Verge noted . More details would not give the CEO, making it unclear what exactly Fitbit plan.

For now, the manufacturer shall, however, mainly from the sales of the Alta and Blaze. Both products were each sold a million times in the past quarter, thereby contributing significantly to the total number of sales of 4.8 million units, which is more than the 3.9 million in the same quarter last year. This Fitbit made approximately $ 11 million.The profit, converted about 10 million euros, which was less than the same period last year.

For the current quarter expected Fitbit less rosy results. This may have to do with competition in the market for wearables. Many large companies have already issued smart watches or bracelets. Fitbit thereby mainly focuses on offering fitness features.

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