Commoditized Wearables

 Xiaomi reported it sold 2.8 million of its Mi Band activity tracker in the first quarter of 2015; in the same time period for 2014 (first quarter), they sold exactly 0. Newer reports have stated that the Mi Band has sold more than 6 million units for 2015. Analysts estimate this represents 25 percent of all similar devices sold this year. So what does this mean? Wearable fitness tracking is… Read More