It’s not hard to see why Fitbit is phasing Pebble out
Popular wearables maker Fitbit is on the verge of buying smartwatch company Pebble, according to a report this week from The Information. Various reports have estimated the cost to be around $34 milli
That last bit has made Pebble loyalists freak out.
But as this chart from Statista shows, it makes sense. While Pebble's line of simple, charming smartwatches have earned it a loyal following, that group of devotees just isn't big enough, especially compared to a leading rival like Fitbit. After massive layoffs and continued signs that smartwatches are flailing, the writing is on the wall.
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