After Fitbit’s revenue and profit missed expectations, the company’s shares fell 12 percent to $4.90 in late trading on Monday (Feb. 26). The news comes as smartwatches are taking the place of fitness trackers, Barron’s reported. Get the Full Story Complete the form to unlock...
Fujitsu announced in a press release that it will unveil the latest in its PalmSecure Biometrics and Washable/Wearable RFID at the National Retail Federation’s 2018 annual show in New York City next week. Get the Full Story Complete the form to unlock this article and enjoy...
Fitbit has announced that its base of active users grew to more than 25 million in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Fitbit, the maker of wearable fitness devices, announced news on Tuesday (Dec. 5) that it has updated its Fitbit OS for the first time to include a smarter and more personalized experience for the Fitbit Ionic, its smartwatch. Get the Full Story Complete the form...
Visa, the payments company, announced news on Wednesday (Nov. 8) of the introduction of three commercially available wearable payment devices for the Olympic Winter Games PyeongChang 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Wearables are at an interesting crossroads in the life of the American consumer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Consumers who track their physical activity with Garmin’s Vívoactive 3 wearable device will be able to pay for items digitally, as a result of a new partnership between the brand and Mastercard. Fitness fans who use the smartwatch can tap the device at almost 6.6 million...
Market research firm Gartner announced Thursday (Aug. 24) it expects 310.4 million wearable devices to be sold around the globe this year, marking a 16.7 percent increase from 2016. In a press release announcing the new forecast, Gartner said the wearable devices market will generate revenue...
Despite Tim Cook’s most enthusiastic comments that the Apple Watch is doing “great,” the figures on the ground in the U.S. indicate pretty strongly that when it comes to wearables, the mainstream American consumer is doing more shrugging than cheering. A report from eMarketer earlier...