Apple (AAPL) to Halt Fitbit Sales in Stores - Re/code
Get Alerts AAPL Hot Sheet
Price: $169.02 +1.27%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.3%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
Revenue Growth %: -4.3%
Join SI Premium – FREE
Apple (Nasdaq: AAPL) is said to halt sales of Fitbit devices in stores as it preps to launch the Apple Watch.
Re/code noted that plans weren't firm and news comes just one week after Fitbit said it was still evaluating integration with Apple's HealthKit platform.
It wasn't made clear whether Apple will keep selling Nike's (NYSE: NKE) Nike+ FuelBand, though Apple CEO Tim Cook does sit on Nike's board.
Shares of Apple are down 1.3 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- BHP Group (BHP) Said to Weigh Potential Takeover of Anglo American (NGLOY) - Bloomberg
- Apple's June guidance will miss Street estimates - Barclays
Create E-mail Alert Related Categories
Insiders' Blog, RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!