Timing Looks Right For Fitbit IPO, Apple Watch

By | June 3, 2015

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With the Fitbit IPO coming and the Apple (AAPL) Watch emerging, the timing looks good for the wearable device market, which in Q1 recorded its eighth consecutive quarter of steady growth. Vendors tripled their wearable shipments in Q1 to 11.4 million units from just 3.8 million in Q1 2014, reports research firm IDC. And this excludes Apple Watch, which started shipping in April. Fitbit remained the market leader with a 34% market share, but that’s Scalper1 News

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