[PConline News] Fitbit focused on wearable devices since its inception in 2003. In 2007, it launched the Tracker, Ultra, One, Zip, Flex, and Surge series products; the price ranged from $60 to $250 (700 - RMB 1200). In 2013, the new Force wristband Force was introduced. The accessories are priced at $130. The basic design is the same as Flex. A small OLED screen is added to allow users to see the activity data more intuitively. In addition, Force also introduced a companion smartphone application that allows users to more easily record their sports and health data. It can be said that Fitbit is always the leader in the field of wearable devices.
Let's look back at the recent IDC’s latest data rankings that have entered the wearable space as early as the Fitbit, with shipments of 3.9 million units in the first quarter. Shipments in the first quarter were 3.9 million, accounting for 34.2% of the global market share. From the data, the volume of shipments is quite alarming. Second, in the past three years, Fitbit's revenues were US$76.4 million, US$271 million and US$745 million, respectively, and sales were 1.3 million, 4.5 million and 10.9 million, respectively.
Relying on the rapid growth in sales volume, Fitbit is the first to advance and also has mature market conditions. The company’s net profit for the first quarter of this year was 48 million U.S. dollars, and some experts had a valuation of 3 billion U.S. dollars. It is reported that Fitbit will land on the NYSE on Thursday, stock code FIT; the company is expected to sell 224 million shares, financing 358 million US dollars, the valuation is expected to reach 3.7 billion. Fitbit’s S-1 prospectus submitted to the Securities and Exchange Commission (SEC) stated that the company’s platform integrates healthy sports equipment, software, and services to help people enjoy life better through data, motivation, and guidance.
Fitbit's products are excellent, except for the price. There are unique aspects in the processing of data and so on. Secondly, as a wearable device that does not look good at present, Fitbit has taken the lead in completing the listing plan. It is believed that this listing will also be brought by many major manufacturers. In short, Samsung, Garmin and other vendors ranked behind believe that a series of new actions will be made.
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Sample can be free, but customer have to pay transport cost |
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HEBEI HANMAC MACHINE CO., LTD. , https://www.chinahanmac.com