Google Buys FitBit For $2.1 Billion. Now Apple Has Real Competition In Wearable Tech.

Fitbit

Apple owns almost half of the global market for smartwatches by unit volume and much more than that by revenue share, and the division that reports Apple Watch revenue grew more than 50% this quarter, closing the last 12 months with over $17 billion in revenue.

Now Apple will have real competition.

Get the full story in my post on Forbes …

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John Koetsier