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Fitbit Files IPO

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1–10 of 108 posts

Re: Fitbit Files IPO

#2
Devices in millions [2011,2014]: 0.2, 1.3, 4.5, 10.9

Revenue in millions [2011,2014[: 14.5, 76.4, 271.1, 745.4

Paid active users in millions [2011,2014]: NULL, 0.6, 2.6, 6.7

I realize they sell more than just pedometers, but their core product is a 3-axis accelerometer that calculates a dubious step count w/o really actionable insights. Imagine what this can be once there start to be useful applications/more of the data.

Re: Fitbit Files IPO

#3
I used to be pretty on the FitBit train, but I don't think that I'm in their camp any more. Refusing to integrate with Healthkit, purposefully building their challenges feature to reject data input through their APIs, and charging for access to raw data are enough to ensure that I'll never buy one of their products again. Kind of a shame, their hardware, dashboard, and app are all pretty great :(

Re: Fitbit Files IPO

#4
post #3

I used to be pretty on the FitBit train, but I don't think that I'm in their camp any more. Refusing to integrate with Healthkit, purposefully building their challenges feature to reject data input through their APIs, and charging for access to raw data are enough to ensure that I'll never buy one of their products again. Kind of a shame, their hardware, dashboard, and app are all pretty great :(

Isn't Apple also rejecting apps that integrate with "competing devices"?

Re: Fitbit Files IPO

#5
post #4
post #3

I used to be pretty on the FitBit train, but I don't think that I'm in their camp any more. Refusing to integrate with Healthkit, purposefully building their challenges feature to reject data input through their APIs, and charging for access to raw data are enough to ensure that I'll never buy one of their products again. Kind of a shame, their hardware, dashboard, and app are all pretty great :(

Isn't Apple also rejecting apps that integrate with "competing devices"?

No, that is simply not true.

Re: Fitbit Files IPO

#6
post #5
post #4

Earlier quoted context omitted.

Isn't Apple also rejecting apps that integrate with "competing devices"?

No, that is simply not true.

They are, and it's been their policy to do so since Day 1, but they haven't enforced it widely.

edit: Clearer: Apps that work with other watch platforms are now in conflict with Apple's policy of not mentioning a competing platform, because now Apple has a watch platform. It makes sense from an Android-iOS sense, because the systems aren't compatible, so no real need to mention it. But if the entire purpose of your app is to connect an iPhone to a watch, your option is the App Store.

What will the developers put in the description? "This is an app that connects your iPhone to...well, Apple won't let us tell you! Check out our website to learn more about our app."

Apple should update their policies and implementation of such to specify this as "mobile phone platforms".

Re: Fitbit Files IPO

#7
post #3

I used to be pretty on the FitBit train, but I don't think that I'm in their camp any more. Refusing to integrate with Healthkit, purposefully building their challenges feature to reject data input through their APIs, and charging for access to raw data are enough to ensure that I'll never buy one of their products again. Kind of a shame, their hardware, dashboard, and app are all pretty great :(

That's exactly why I stopped using mine. My iPhone tracks everything else really well and integrates with a fair few devices.

FitBit refusing to do this means my data isn't where I want it. It's within their app and I can't get it back.

Re: Fitbit Files IPO

#8
post #2

Devices in millions [2011,2014]: 0.2, 1.3, 4.5, 10.9 Revenue in millions [2011,2014[: 14.5, 76.4, 271.1, 745.4 Paid active users in millions [2011,2014]: NULL, 0.6, 2.6, 6.7 I realize they sell more than just pedometers, but their core product is a 3-axis accelerometer that calculates a dubious step count w/o really actionable insights. Imagine what this can be once there start to be useful applications/more of the d…

The step count is not really dubious. The fitbit app also renders data from the pedometer in a very useful way and enables you to set goals.

Fitbit is definitely useful for monitoring activity if your goal is to manage calories in/calories out and keep track of your heatlh.

Re: Fitbit Files IPO

#9
post #6
post #5

Earlier quoted context omitted.

No, that is simply not true.

They are, and it's been their policy to do so since Day 1, but they haven't enforced it widely. edit: Clearer: Apps that work with other watch platforms are now in conflict with Apple's policy of not mentioning a competing platform, because now Apple has a watch platform. It makes sense from an Android-iOS sense, because the systems aren't compatible, so no real need to mention it. But if the entire purpose of your a…

No, their policy is to reject apps that have an app store description mentioning competing platforms.

Re: Fitbit Files IPO

#10
post #2

Devices in millions [2011,2014]: 0.2, 1.3, 4.5, 10.9 Revenue in millions [2011,2014[: 14.5, 76.4, 271.1, 745.4 Paid active users in millions [2011,2014]: NULL, 0.6, 2.6, 6.7 I realize they sell more than just pedometers, but their core product is a 3-axis accelerometer that calculates a dubious step count w/o really actionable insights. Imagine what this can be once there start to be useful applications/more of the d…

Step counts are fairly accurate. From the Flex less so than their other devices, but still not too bad. Nike Fuelband is pretty bad. Pretty good figures at the link below.

Case MA, Burwick HA, Volpp KG, Patel MS. Accuracy of Smartphone Applications and Wearable Devices for Tracking Physical Activity Data. JAMA. 2015;313(6):625-626. doi:10.1001/jama.2014.17841. http://jama.jamanetwork.com/article.aspx?articleid=2108876

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