Fitbit Tops Estimates on Better-Than-Expected Demand

The video discusses the smartwatch market, highlighting the challenges faced by Fitbit as it transitions from fitness bands to smartwatches. Despite a decline in revenue, investors are hopeful about Fitbit's upcoming smartwatch launch, which is crucial for its market position. The launch, initially planned for spring, is now set for fall, with features like heart rate monitoring and GPS expected at a price under $300.

What was the investor reaction to the recent performance in the smartwatch market?

• Investors were disappointed due to unexpected losses.

• Investors were indifferent to the performance.

• Investors were relieved as losses were less than expected.

• Investors were completely satisfied with the performance.

What is a major concern for analysts regarding the smartwatch market?

• The market is growing too rapidly.

• The market is too small for new entrants.

• Apple might dominate the market.

• There is no competition in the market.

What position did Fitbit hold in the wearables market before being overtaken?

• Second place

• First place

• Fourth place

• Fifth place

Why is Fitbit under pressure to release a new smartwatch?

• They have no competition in the smartwatch market.

• They need to enter a new category due to declining sales.

• Their fitness band market is expanding.

• They want to enter the smartphone market.

What features are expected in Fitbit's upcoming smartwatch?

• Heart rate monitoring, GPS, and App Store connection

• Only heart rate monitoring

• Only GPS

• Only App Store connection