FitBit’s sales and profits have skyrocketed, with sales jumping from $271 million in 2013 to $754 million in 2014 and earnings totaling $132 million, according to Bloomberg Business.
In March, FitBit was valued at approximately $1.2 billion, though it is still unknown what valuation the company seeks in its IPO, according to WSJ.
More articles on wearables:
Apple HealthKit frees up CIOs for other IT projects, Cedars-Sinai CIO says
Can you heal me now? Healthcare, mobile, and millennials
Wearables: A look to the future or a hyped-up fad?
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