Apple, Xiaomi nipping at Fitbit’s heels in wearables

By | August 27, 2015

Scalper1 News

Two new entrants in the wearable device market are giving leader Fitbit (FIT) a run for its money: Apple (AAPL) and Xiaomi. Fitbit, a maker of fitness bands and activity trackers, was No. 1 in the wearables market in the second quarter, with 24.3% market share, research firm IDC said Thursday. It shipped 4.4 million units in Q2, up 159% year over year. Apple, which launched its Apple Watch smartwatch on April 24, grabbed the No. 2 spot among Scalper1 News

Scalper1 News