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Fitbit cuts Q3 guidance as it admits ‘weaker than expected sales’ of Apple Watch competitor

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<p>Fitbit today reported its earnings (https://investor.fitbit.com/press/press-releases/press-release-details/2019/Fitbit-Reports-Second-Quarter-Results-for-the-Three-Months-Ended-June-29-2019/default.aspx) for the second quarter of 2019, noting a major drop in revenue from its smartwatch business year-over-year. comes a day after Apple reported strong growth for its wearables business (https://9to5mac.com/2019/07/30/aapl-earnings-fy19-q3/) in the fiscal third quarter of 2019.</p>
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<p>The post <a rel="nofollow" href="https://9to5mac.com/2019/07/31/fitibt-apple-watch-guidance-cuts/">Fitbit cuts Q3 guidance as it admits ‘weaker than expected sales’ of Apple Watch competitor[/url] appeared first on <a rel="nofollow" href="https://9to5mac.com">9to5Mac[/url].</p><div class="feedflare">
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