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Fitbit reported $353M in revenue, down 40% and sold 3.4M devices, up 14% sequentially in Q2 2017. The company recorded a loss of $58.2 million and a profit of $6.3 million.  Fitbit has been working on a new smartwatch and it will be released later this year. Fitbit CEO James Park said, Our smartwatch, which we believe … Continue reading "Fitbit to launch a new health and fitness smartwatch later this year"

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