Thursday, June 25, 2015

Post-IPO, Fitbit CEO Says He “Thinks Differently” About Apple | Re/code

Lead paragraphs from a FIT CEO interview

"San Francisco-based Fitbit had a healthy stock market debut last Thursday, and the wearable-tech maker is currently valued at around $7.6 billion.

But even for a company that has become synonymous with activity-tracking gadgets and claims 85 percent market share, there’s so much competition out there that it’s difficult to say whether Fitbit can continue its growth trajectory, or whether it will go the way of the 1990’s pedometer."
Post-IPO, Fitbit CEO Says He “Thinks Differently” About Apple | Re/code
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