FIT - Why Google Acquired Fitbit
In this episode of Industry Focus: Tech, host Dylan Lewis and Fool.com contributor Evan Niu dive into Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) $2.1 billion acquisition of Fitbit (NYSE: FIT). What does Google get out of Fitbit that it couldn't make itself? What comes next for Fitbit? How will this change the fitness tracker space going forward?
Also, the guys take a close look at Apple's (NASDAQ: AAPL) most recent earnings report. Tune in to learn the most important metrics and trends, what this quarter says about Apple's push to a more services-focused narrative, where the iPhone fits in, what the future holds for the trillion-dollar company, and more.
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