IDC
reported that while Fitbit Inc. (NYSE: FIT) remained the number one wearable
technology vendor, Apple Inc. (Nasdaq: AAPL) jumped to number two and is
expected to become the market leader. Shares of Fitbit plunged $3.43 to close at $34.97 while Apple stock climbed $3.23 to close at $112.92.
Apple gaining wearables market share
August 27, 2015 at 17:47 PM EDT