5 Reasons I Hope Fitbit Doesn’t Buy Pebble

So, there’s been a buzz around the internet today regarding fitness tracking giant Fitbit possibly purchasing the Pebble smartwatch company. A recent piece from The Information is confirming the acquisition and claiming it to be fairly small sum of money, possibly as little as $40 million.
As a means of disclaimer, I’ve been pretty open about how much I love Pebble’s line of watches and feel they’ve carved an important middle ground niche in the wearables market. They do everything a smartwatch should do (provide easily read notifications and smart ways to respond) and still manage to be a highly functional wrist watch that doesn’t have to be charged every night.
But smartwatches aren’t exactly taking the market by storm like many had hoped and despite Pebble’s astonishing success on Kickstarter, the company is clearly struggling. They let go of a quarter of their staff recently and proclaimed they were changing focus to fitness. The Pebble Round—their upscale model aimed at the fashion conscious—didn’t do nearly as well as they had hoped, so it’s not surprising to see how they might want a cash infusion or buy out.
But is Fitbit really the right fit? Here are five musings on why the answer might be ‘No’.
1. Fitbit isn’t doing so well either.
Photo by Eric Thayer / Stringer / Getty Images.
The market for fitness tracking has been steadily declining for a while now. The once huge fad has started to lose its luster and while trackers still sell, owners aren’t all that interested in regularly upgrading a device they’ve already bought. This is a rampant problem (from the corporate perspective) through the entire mobile and tech industry. People simply aren’t upgrading as fast as companies want them to and it’s showing in declining sales across the board.
2. Fitness tracking in general might be a dead horse.
Now that these devices have been out for a while, researchers are finally getting big enough pools of data to analyze if these gadgets really do what they say. Or if they do anything at all. Turns out there’s healthy evidence that fitness trackers actually have the reverse effect, especially for those trying to lose weight. Fitbit, of course, disagrees and it’s still a little early to have a full picture.