Fitbit cuts Q3 guidance as it admits ‘weaker than expected sales’ of Apple Watch competitor<div class="feat-image">
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<p>Fitbit today
reported its earnings 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 in the fiscal third quarter of 2019.</p>
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Fitbit cuts Q3 guidance as it admits ‘weaker than expected sales’ of Apple Watch competitor