Fitbit earnings beat expectations on strength of smartwatch sales

November 1, 2018

Fitbit is slowly righting its financial ship, courtesy of a successful push into the smartwatch category. The wearable company reported a profit (when adjusted for items such as stock-based compensation) thanks to growing sales in the new category.    Total revenues rose slightly to $393.6 million in the third quarter compared with the same period last year. The company did report a loss this quarter under generally accepted accounting principles (GAAP)….


A Brilliant Use For Smartwatches That Could Save Lives

August 18, 2017

Forget the Apple Watch — that’s what the man behind a potentially lifesaving app for people with epilepsy did. Ryan Clark, a video game developer, has created an app for the popular Pebble smartwatch that can detect when a user is experiencing an epileptic seizure and can notify selected contacts. The basic idea, as noted by New Scientist on Tuesday, is to use the watch’s built-in accelerometer to identify movement…