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Articles related to "fitbit"


The Apple Watch and AirPods reportedly won't be included in the US's next round of tariffs on Chinese goods

  • The United States will spare some technology products including Apple's Watch and AirPods from the next round of tariffs it is imposing on Chinese goods, Bloomberg reported on Monday, citing two people familiar with the matter.
  • A product code that covers the Apple goods and similar smart watches and fitness trackers made by competitors including Fitbit is not on the list of Chinese products that will attract a tariff, Bloomberg reported.
  • The United States is preparing to announce tariffs on an additional $200 billion worth of Chinese goods, top White House economic adviser Larry Kudlow said on Monday, as part of an intensifying trade dispute between the world's two largest economies.
  • The proposed U.S. tariffs would affect prices for a "wide range" of Apple products, including its Watch, the company had told trade officials earlier this month.

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Fitbit erases its losses after report says smartwatches won't be on tariff list

  • Fitbit shares erased their losses after Bloomberg reported the US won't include smartwatches on the list of $200 billion worth of Chinese goods that will be hit with upcoming tariffs.
  • Shares were down 3% before the news.
  • Tariffs on smartwatches and fitness trackers would hit Fitbit particularly hard.
  • In August, Fitbit posted a loss of $0.22 a share for second quarter, topping the Wall Street consensus of a $0.24 loss per share, according to Reuters data.
  • The company also said revenues totaled $299.3 million, above the $285.4 million that was expected.
  • Shares of Fitbit are down 8% this year.

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How Fitbit Started the Wearables Craze That Got Us All Moving

  • Fitbit sold 21.4 million devices in 2015, the year it went public, and 22.3 million in 2016.
  • But quantified stepping didn’t come to US shores until 2008, courtesy of entrepreneurs James Park and Eric Friedman.
  • “I had been working like crazy at startups over the last three years and really let myself go in terms of fitness,” Park said at the time.
  • Not long after, he and Friedman released the Fitbit Tracker.
  • It looked like a clothespin had mated with a stapler: a tiny matte-black pincer with an even tinier lowercase fitbit printed in light gray, a handy reminder when you inevitably found it in the dryer.
  • The colleague who walked to work while I took the bus like a sucker.
  • When you're trying to meet a Fitbit threshold, but you just can't cut the mustard, we've got several cheats that will bring your count up to 10,000 steps with minimal effort.

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