3 ms·
probably yes. The Apple watch has eaten into their market - the lower priced fashion watches. Not sure why they'd get rid of their smart watch division. Maybe
by ce4 8y ago
probably yes. The Apple watch has eaten into their market - the lower priced fashion watches. Not sure why they'd get rid of their smart watch division.
Maybe because only one watch can have wrist time at a time (maybe except for Buzz Aldrin) and Apple catches a big portion of the market by default already (almost all of the iPhone userbase).
https://www.hodinkee.com/articles/smartwatches-fossil-apple-update-2017 https://www.hodinkee.com/articles/smartwatches-fossil-apple-...
- jethro_tell 8y agoisn't fossil owned by swatch? They have a generally successful actual watch business, and they probably just decided it's time to stop losing money on this since it's not actually a core business.
- notatoad 8y agoPretty sure fossil is independently owned.
- ascorbic 8y agoThey're not getting rid of it. They're selling an unspecified chunk of IP and the team that worked on it. They're still going to produce smartwatches.