Despite growing competition, Garmin has boosted full-year guidance, with its fitness and outdoor trackers expected to grow a combined 23% this year.
Fitbit has announced its first smartwatch with Amazon’s Alexa virtual assistant built in, alongside a new subscription service for personalised fitness programmes and well-being tools.
Garmin shares rallied 17% to their highest level in 11 years as demand for watches from outdoor enthusiasts helped fourth-quarter earnings beat the highest estimates.
In the latest episode of TalkCentral, Duncan McLeod and Regardt van der Berg chat about the seemingly better news on ICT emerging from government.
As the market leader, Fitbit has always been regarded as being synonymous with wearables in general. Its launch as a public company was at a point when the hype of wearables was at a peak with claims of the technology bring about a revolution in