Fitbit proves heart rate monitors can be slim with new Alta HR – Ars Technica (Mar 6, 2017)
Given all the focus Fitbit has been putting into smartwatches lately, it’s good to see the company get back to focusing on its core value proposition: really good dedicated fitness trackers. The acquisitions it’s made and products it’s launched have made me worried that, rather than sticking to its core market, it’s trying to expand into territory dominated by Apple and to a lesser extent Samsung, which seems unwise. The Alta will now get a version that costs $20 more for an embedded heart rate monitor, and which also promises to track sleep better. This is good incremental innovation from Fitbit, which seems to have managed to squeeze the new functions into the same size, and it should also give average selling prices a bit of a boost. ASPs have risen over the last several years, but remain under $100 most quarters, and have been boosted most in those quarters when new high end devices launched. Given Fitbit’s bad Q4, it needs lots more of this kind of thing to spur repeat purchases and broaden its addressable market, though the overall ceiling on this market continues to be one of its biggest long term challenges.
via Ars Technica
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