Apple Strikes Another Blow to FitBit’s Struggling Business [The Motley Fool]
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Source: The Motley Fool
Apple Strikes Another Blow to FitBit’s Struggling Business Apple ( NASDAQ:AAPL tech world However, excitement over new iPhones has cooled down significantly in recent years, and though Apple still depends largely on this business segment, it's no longer the tailwind it used to be. Instead, the tech company has had to turn to other categories to generate growth. One of them is Apple's wearables business, much to the dismay of industry pioneer FitBit NYSE:FIT IMAGE SOURCE: GETTY IMAGES Apple's wearables sales are on fire fiscal fourth quarter earnings report In the latest earnings call As I said at the outset, we set Q revenue records for wearables in every single market that we track around the world. In September, we launched Apple Watch Series with the Always-On Retina display, that means you never have to pause a workout or task to raise or tap the display. New location features help users better navigate their day while international emergency calling allows them to call emergency
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