Scalper1 News
Apple’s (AAPL) nascent smartwatch business is already having a big impact on at least one traditional watchmaker — Fossil Group (FOSL) — according to an outspoken Silicon Valley analyst. Global Equities Research analyst Trip Chowdhry on Friday blamed Fossil’s third-quarter sales miss and lower earnings guidance on competition from Apple Watch. “Apple Watch is giving Fossil their BlackBerry, Nokia and Motorola moment,” he said in a research note, Scalper1 News
Scalper1 News