Fitbit Losing $80 Million In 1Q2019, On $272 Million Revenue — Do NOT See The Glory Or Point.

by Anura Guruge

Click to ENLARGE and read here. From ‘’.

While I appreciate companies play all sorts of ‘games’ when it comes to reporting their income, these Fitbit results definitely appear to tell a story …

Losing $80 Million of $272 Million of sales. That is 29%.

This does not look like a ‘paper’ loss. It would appear that it costs Fitbit more to develop, manufacture, market, sell & support their products than they can recoup in sales.

If that is the case something is wrong. Fitbit must get their cost under control or stop selling their watches at a discount — just to get market share.

Related posts:
Search ‘Garmin’ & ‘Fitbit’

by Anura Guruge


Tags: , , , , ,

About Anura Guruge

See 'The Blogger' on my blog.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: