Jawbone refutes stories that it’ll exit the health tracker market

Jawbone refutes reports that it will exit the fitness tracker market

Tomohiro Ohsumi/Bloomberg/Getty Pictures

Final week, a report claiming that Jawbone would exit the health tracker market made the rounds. On the time, Jawbone provided us a “no remark,” however at this time the corporate has launched a full assertion that completely refutes final week’s rumors. “Hypothesis that Jawbone is exiting the wearables enterprise or going out of enterprise altogether is fake,” the corporate writes. “Jawbone stays wholly dedicated to innovating in and constructing nice wearables merchandise. The corporate has by no means been extra enthusiastic about its pipeline of know-how and merchandise and appears ahead to sharing them when prepared.”

That does not change the truth that it has nonetheless been some time because the firm launched a brand new gadget, nevertheless it sounds prefer it no less than has issues arising quickly. And whereas it is nonetheless completely attainable that the corporate goes to sluggish or cease manufacturing on a few of its older merchandise, Jawbone says it’s going to be making issues to exchange them ultimately. This might all change on the drop of a hat, however for now we should not rely Jawbone out of the market that Fitbit and Apple are presently dominating.

Jawbone’s full assertion is under:

Hypothesis that Jawbone is exiting the wearables enterprise or going out of enterprise altogether is fake. This hypothesis seems to emanate from wrongful insinuations made in a weblog publish by which the reporter has since posted a “Correction.” Sadly, different media picked it up earlier than the reporter posted a correction and unfold this false info. Jawbone stays wholly dedicated to innovating in and constructing nice wearables merchandise. The corporate has by no means been extra enthusiastic about its pipeline of know-how and merchandise and appears ahead to sharing them when prepared. We handle our stock positions in line with inner enterprise processes, and strategic product lifecycle goals. This example is not any totally different and we’ll proceed to help all of our merchandise within the market.

On this article: gear, wearables
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