MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council ...
Read More »Fitbit’s sales plummet as device’s popularity fades
Bloomberg Fitbit Inc.’s fourth-quarter revenue fell 19 percent, hurt by fading consumer demand for its once-popular wearable fitness trackers. Revenue in the quarter — which includes the holiday shopping season — dropped to $573.8 million, the company said in a statement. Fitbit in January had forecast sales of $572 million to $580 million. Before then, analysts had been predicting ...
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