Fitbit Won't Abandon Fitness Trackers for Smartwatches, VP Says
*By Christian Smith*
Fitbit doesn't plan to exit the fitness-tracker space for smartwatches anytime soon, said VP of product marketing Melanie Chase.
"A lot of the buzz and conversation has been about the growth in the smartwatch industry, and it's easy to get distracted from the fact the tracker market is still huge," Chase said Tuesday in an interview on Cheddar.
Fitbit on Monday unveiled the Charge 3, what it calls its most technologically advanced fitness tracker to date. The device features a swim-proof design and improved health and sleep trackers.
The Charge family of products is the company's most successful line of trackers. According to company data, Fitbit has sold 35 million in the line so far. Fitbit made its first venture into the smartwatch market earlier this year when it launched the Versa.
While the wearable market has had its ups and downs, research firm IDC predicts that consumers will buy 43 million smartwatches and 46 million fitness trackers this year ー and Fitbit wants in on the action.
"As the leader in the tracker category it's important for us to continue to invest in people who love trackers while also growing in the smartwatch space with introductions like Versa," Chase said.
The Fitbit Charge 3 retails for $149.95. It's already available for pre-order on Fitbit's [website](https://www.fitbit.com/home) and will be sold in stores this October.
For full interview [click here] (https://cheddar.com/videos/fitbit-gives-first-look-at-most-technologically-advanced-fitness-tracker-yet).
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
Andy Baehr, Head of Product at CoinDesk Indices, breaks down crypto’s Black Friday crash, Bitcoin dipping under $100K, and what’s driving the market rout.
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead as Father Time catches up
Chris Marquette of POLITICO breaks down how the FAA is cutting flights and facing a critical shortage of air‑traffic controllers amid the government shutdown.
Dr. Manuele Aufiero, CEO & Co‑Founder of Sizable En a groundbreaking undersea energy‑storage technology powering the global shift to clean, scalable power.
Paul Fipps, President of Global Customer Operations at ServiceNow, breaks down the company’s earnings beat, 5‑for‑1 stock split and booming enterprise AI demand