Fitbit says its long-awaited smartwatch will be ready for the holidays
In its second-quarter earnings report today, fitness-tracking company Fitbit said that its long-awaited smartwatch, which we’ve reported has been delayed due to production issues, will be available by this holiday season.
On the earnings call, chief executive James Park said that Fitbit’s new smartwatch will have health and fitness tracking features, will have GPS, will be be water resistant up to 50 meters, and will offer cross-platform compatibility as well as “multi-day battery life.”
But the company still hasn’t said exactly when it will ship. When an analyst asked about this on the call, Fitbit chief financial officer Bill Zerella said that the “vast majority of revenue in Q3 will be related to legacy products,” indicating that...