Shame. I really liked my Pebble Time, and I was looking forward to buying a Time 2. The pebble is the only smart watch that is still a good watch.
You should try a Garmin.
Is there a specific garmin you recommend?
Fitbit Is Close to Buying Software Assets from Pebble
21–30 of 55 posts
Re: Fitbit Is Close to Buying Software Assets from Pebble
#22Re: Fitbit Is Close to Buying Software Assets from Pebble
#23Earlier quoted context omitted.
> Hardware is tough, but we all need it. As the 2016 market has shown, "need" is perhaps too strong a word for a smart watch.
Hard to back up that claim. Fitbit should be doing about $2.4B in revenue this year. That's only about 22% of the global market share.
Is it the same market? The ability to tell me the time isn't the reason I wear a fitbit, it's mostly for the passive tracking.
Re: Fitbit Is Close to Buying Software Assets from Pebble
#24Earlier quoted context omitted.
Hard to back up that claim. Fitbit should be doing about $2.4B in revenue this year. That's only about 22% of the global market share.
Is it the same market? The ability to tell me the time isn't the reason I wear a fitbit, it's mostly for the passive tracking.
Fitbit blaze is a smart watch.
"New products, Fitbit BlazeTM and AltaTM, including related accessories, comprised 54% of Q216 revenue".
I don't know how revenue is split between the two, but it sounds like they're selling a lot of blazes.
Edit: "In the first quarter, Fitbit sold 4.8 million wearable devices, including one million of the Fitbit Blaze and another one million of the Fitbit Alta."
Now this is first quarter data (when Blaze + Alta did 50% of overall revenue). Since Blaze costs 199$ and Alta 99$, one could split the revenue Blaze (33%) and Alta (17%) roughly.
One third of Fitbit revenue from Blaze (smartwatch) - that's a LOT!
Re: Fitbit Is Close to Buying Software Assets from Pebble
#25Earlier quoted context omitted.
Garmin has been exceptional since before 2007 (that's when I bought my 305). It's been doing really well in revenue and growth recently.
Do you recommend any one of their watches in particular? Is the 305 still good to buy?
That's a really really old model. I haven't used one recently - I'd say look at Amazon reviews. Friends who have bought them swear by them and my experience with them was exceptional.
Re: Fitbit Is Close to Buying Software Assets from Pebble
#26"The deal will mean the Pebble stock held by employees is worthless, two of the people said. The money will instead go to debt holders, vendors, some of its main equity investors, and Kickstarter refunds for the Time 2 and Pebble Core orders, the people said."
This is a classic "no money falls on common" situation. Debt holders are early in line; investors have preferred shares with liquidation preferences.
Very interesting how they're treating their $33mm kickstarter obligation. [Edit: sorry, I wasn't sure what had been fulfilled already, thanks skuhn]
Re: Fitbit Is Close to Buying Software Assets from Pebble
#27The key focus of this acquisition seems to be the acquisition of assets (read 'IP'). Fitbit has had a rough time battling Jawbone in court (though ironically Jawbone has been the sufferer in the market while Fitbit revenue keeps going up). I feel that has made them cautious about IP and this is the second acquisition (after Coin) that's been purely focussed on acquiring IP so that: 1. Others can't acquire and sue the…
What have pebble and coin done to get this IP? Just had enough patent lawyers around to patent stuff they happen to be working on ("Method of having an e-ink watchface")?
Re: Fitbit Is Close to Buying Software Assets from Pebble
#28The key focus of this acquisition seems to be the acquisition of assets (read 'IP'). Fitbit has had a rough time battling Jawbone in court (though ironically Jawbone has been the sufferer in the market while Fitbit revenue keeps going up). I feel that has made them cautious about IP and this is the second acquisition (after Coin) that's been purely focussed on acquiring IP so that: 1. Others can't acquire and sue the…
What have pebble and coin done to get this IP? Just had enough patent lawyers around to patent stuff they happen to be working on ("Method of having an e-ink watchface")?
That's how the game is played, yes. If Fitbit has been on the receiving end of of patent problems, it's no surprise that they're very interested in patents.
Re: Fitbit Is Close to Buying Software Assets from Pebble
#29"The deal will mean the Pebble stock held by employees is worthless, two of the people said. The money will instead go to debt holders, vendors, some of its main equity investors, and Kickstarter refunds for the Time 2 and Pebble Core orders, the people said."
This is a classic "no money falls on common" situation. Debt holders are early in line; investors have preferred shares with liquidation preferences. Very interesting how they're treating their $33mm kickstarter obligation. [Edit: sorry, I wasn't sure what had been fulfilled already, thanks skuhn]
They don't have a $33mm Kickstarter obligation to take care of. Their most recent project raised $12.8mm for the Pebble 2, Time 2 and Core. According to this rumor, they intend to refund people who pledged money for the Time 2 and Core.
Doing some quick math, it looks like they plan to refund $9,650,775 (plus any amount people pledged above the minimum threshold for a given pledge tier). Of course they're returning the full value on money they received after Kickstarter's 10% cut. They would have only received about $8,700,000.
Re: Fitbit Is Close to Buying Software Assets from Pebble
#30Anyone have a good alternative to the Pebble Core that runs some kind of open OS (Linux/Android) with 3G built in a very similar form factor? Will take suggestions from AliExpress even... Wish I would have just gotten my Pebble Core instead :/