The brand new Apple Watch could have simply deflated Fitbit’s inventory

Apple Announcements

Not everyone seems to be glad about Apple’s new watch.

 

Buyers despatched shares of Fitbit, which makes competing well being trackers, almost 7 percent decrease after the buyer electronics large unveiled its newest Apple Watches on Wednesday. The inventory drop suggests buyers are involved the options on the brand new smartwatches will entice customers to Apple’s merchandise over Fitbit’s.

Apple Announcements

Among the many new options within the Apple Watch Series 4: the primary shopper EKG check, a medical check used to detect coronary heart illness. The EKG, also referred to as the ECG or electrocardiogram, checks {the electrical} exercise of your coronary heart. The Apple Watch EKG, which has been cleared by the Meals and Drug Administration, works by passing a present by way of your chest after you contact the crown of the machine. The watch can inform in case your coronary heart is thrashing usually or not, and you’ll share this data along with your physician.

 

The brand new watch sequence additionally has fall detection that may decide in the event you immediately slip and may’t rise up from the ground. The machine tracks sleep, bodily exercise and train as nicely.

 

As well as, Apple stated WatchOS 5, which was unveiled on the WWDC event in June, might be accessible on Sept. 17.

 

Neither Apple nor Fitbit instantly responded to requests for remark.

 

Fitbit shares closed 6.9%, or 41 cents, decrease at $5.53.

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