The wearable is dead. Long live the wearable.
First, the bad news: Intel is axing its wearable group (after acquiring Basis for $100M in 2014), Fitbit’s stock continues to trade well below its debut price, and UP maker Jawbone recently announced it will liquidate (speculations about why continue). The wearable business is hard, and consumers can be fickle.
The good news? Google released Glass 2.0 with a sole focus on enterprise (including healthcare), Apple showed off its secret fitness lab for the Watch (which doubled sales this year), and Wired profiled three assistive technology wearables transforming life for the blind. We're still bullish on wearables—even more so as they offer clinical use-cases.
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