Social Icons

Wednesday, August 10, 2016

Jawbone Dismisses Recent Rumors About A Company Selloff






Jawbone has been generating a lot of media attention over the past few weeks, all for the wrong reasons. The company used to be among the leading accessory makers, especially headphones, Bluetooth headsets, and more recently, wearables, but in the last year, the company has struggled to keep its balance sheets under control. Stiff competition from the likes of Fitbit and Garmin has slowly eroded its sales and it seems that the company has decided that it won’t remain viable unless it sells off its wearable business, at least, that’s what the most recent rumor has been suggesting.


After reports surfaced claiming that Jawbone will not develop any more UP trackers and may even sell off its wearable business, the company issued a strongly-worded letter not only dismissing the claims, but also stating that it will release future products on the basis of product life cycle objectives and internal business processes. Regarding speculations about Jawbone selling off its wearables division, the company added that it “remains wholly committed to innovating in and building great wearables products,” despite the fact that no new wearables have so far been released this year. Lack of sales isn’t the only issue the company is grappling with at the moment. Jawbone has been embroiled in a series of patent lawsuits with Fitbit which have done it no favors and the company has also reportedly defaulted on a scheduled payment to a partner recently.




Even though Jawbone has been adamant that its businesses are going no where, reports have also surfaced claiming that Jawbone has been negotiating with one particular manufacturer to sell off the wearables business, which gains further relevance by the fact that the company allegedly froze production of fitness trackers in the United States earlier this year and sold existing inventory to a third party reseller. With no new fitness trackers either replacing or complimenting existing UP2, UP3 or UP4 trackers in the months that followed, the jury is still out on whether Jawbone is biding its time before launching a new range of products or if it wants to keep the publicity away until it finds a buyer.






Source : www.androidheadlines.com

No comments:

Post a Comment

Category Of Mobile Courses

Actualités (644) Adsense (1) Affiliation (1) Algebraic Topology (1) Algorithmic (1) all-news (30) Android (5) Android App (8) Android app without code (4) Android Apps (169) Android Development (4) Android download (2) Android OS (3) AngularJS (1) Automata theory and formal language (5) C programming (5) Category and Functor (8) CMS (3) Computer Glossary (18) Create Mobile App With Ionic Framework (2) CSS (2) CSS-Cascading-Style-Sheets (4) Developpement Java (13) Differential Geometry (1) Django-Python-Framework (8) dropshiping (26) Earn Money by Internet (4) Emplois (23) Framework php (2) Fraud (2) HTML (7) Java For Beginners (10) Javascript (12) Kotlin Programming Language (8) Kotlin For Mobile Android (1) Linux Download (2) Marketing (5) Mobile (3) Mobile Courses (4) Mobile Marketing (4) MoneyGram (1) News (721) Node.js (5) Open Source (1) Photoshop (1) Protect Computer (1) Python (33) Python BeautifulSoup (1) Python For Data Science (2) Python-Books (6) Python-DVD-Training (1) Python-Exercises (140) Python-Framework (1) Python-IDE (1) Python-Modules (1) Python-pdf (2) Python-pyQt (1) Référencement (2) Script PHP (2) Security (6) SEO (1) Snipping Tool: Faq (1) Social Networks (1) Source Code (1) Statistics With SPSS (2) Surveillance Software (1) Travail à domicile (6) Tutoriels php en vidéos (2) Tutoriels-MySql (6) tutoriels-php (19) Utilitaires (1) VPS (1) Web Hosting (1) Webcam (1) Webmarketing (11) Western Union (1) Windows 10 (1) Windows 7 (4) Windows 7 Faq (2) Windows 8 (1) Windows Accessories (1) Windows Download (8) Windows Drivers (1) Windows Fonts (1) Windows Power Shell (2) Windows Registry (2) Windows Security (18) Windows Software (2) Windows Spyware (2) Windows utilities (3) Windows Virus (2) Windows Vista (3) Windows Wireless (1) Windows xp (1) Wordpress (1)
 

Sample text

Sample Text

 
Blogger Templates