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- Dec 31, 201790% CONFIDENCEfrom the source
Fitbit says its long-awaited smartwatch will be ready for the holidays
- On its Q2 2017 earnings call (2 August 2017), Fitbit said its long-awaited smartwatch, reportedly delayed by production issues, would be available by the holiday season, with no exact ship date[1][5][6]
- The CFO said the vast majority of Q3 revenue would come from legacy products, implying a Q4 launch; Q3 revenue guidance was $380-400 million[1][5]
- Q2 revenue was $353.3 million versus $341.6 million expected, with a loss of 8 cents per share versus 15 cents expected, and 3.4 million units sold versus 5.7 million a year earlier[1][5][6]
- Fitbit is exploring health applications such as detecting sleep apnea[1][5][6]
- Shares rose more than 8 percent after hours, and about 15 percent the following day; exact price and release date were still unannounced[5][6]
- Fitbit unveiled the watch on 28 August 2017 as the Fitbit Ionic, at $299 with pre-orders on its website that day and worldwide availability the following month; it was released in late September 2017[2][4]
Notable features
- CEO James Park said it will offer health and fitness tracking, GPS, water resistance to 50 meters, cross-platform compatibility and multi-day battery life; a later summary adds support for third-party software development[1][5]
- The Ionic succeeds the Blaze and Surge and was designed to compete with the Apple Watch Series 3; it has built-in GPS with GLONASS, SmartTrack automatic activity recognition, interchangeable bands and water resistance for swimming[2]
- It adds PurePulse heart-rate monitoring, an SpO2 sensor for estimating blood oxygen, storage for Pandora stations, an NFC chip for Fitbit Pay contactless payments and a quoted 4-day battery life[3][4]
- Apps load onto the watch through Fitbit's app gallery, built on the web-based developer tools from its Pebble acquisition, with launch partners including Pandora, Starbucks and Strava[3]
References 676% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%theverge.com/2017/8/2/16086762/fitbit-second-quarter-q2-2017-earnings-smartwatch-announced-holidaytheverge.com· Posted Aug 3, 2017· Starts Dec 31, 2017 ✓· 0% of score
Happened as dated, per theverge.com: "…layed due to production issues, will be available by this holiday season. On the earnings call, chie…"
- [2]76%List of Fitbit products - Wikipediaen.wikipedia.org· Added Sep 22, 2026· 100% of score
Wikipedia's Fitbit Ionic entry says it "was released in late September 2017", was "designed to compete with the Apple Watch Series 3", succeeds the Blaze and Surge, and has GPS with GLONASS, SmartTrack, interchangeable bands, water resistance and NFC.
- [3]84%Fitbit is betting big on the Ionic smartwatchtechcrunch.com· Published Aug 28, 2017· 0% of score
TechCrunch's hands-on of the Ionic covers its Pebble-derived app platform with launch partners Pandora, Starbucks and Strava, the "$299 price point" and "a promised four days of battery life".
- [4]78%Fitbit Ionic With NFC and Swim Tracking Announced, Priced at $299droid-life.com· Published Aug 28, 2017· 0% of score
Droid Life's announcement report lists "GPS/GLONASS support, PurePulse heart rate monitoring", 50-meter water resistance, an "SpO2 sensor", Pandora storage, "4-day battery life" and NFC for Fitbit Pay, with pre-orders at $299 and worldwide availability next month.
- [5]78%Highlights From Fitbits Q2 2017 Earnings Callnasdaq.com· Published Aug 11, 2017· 0% of score
The page could not be fetched, but Nasdaq's own headline on the Q2 2017 earnings call highlights, published August 11, 2017, corroborates the same earnings-call announcement the pin describes, about a week after the call itself.
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