Posted inINTERNATIONAL, LEAD STORY, NEWS, SMART WATCHES, UK
Slowdown in wearables market pushes Fitbit to trim staff
Fitbit warned investors yesterday that growth in the final quarter of 2016 has undershot earlier forecasts. The company said markets should expect Q4 sales of around 6.5 million fitness trackers across the world. Revenue will be in the range of $572 million to $580 million, compared to the company’s previously announced guidance range of $725 million to […]
