Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about wearables this week, this is it.
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Statistics and Forecasts
Fitbit beats analyst estimates but takes a net loss of $113 million in Q3 (TechCrunch)
Apple says wearables up 75 percent year-over-year in Q4, Watch up 50 percent vs. Q3 (Apple Insider)
Smart Clothing Wearables Forecasted to Surpass 31 Million Shipments in 2022 (Markets Insider)
Device Announcements
Microsoft makes HoloLens available in 29 more countries, gets certification as safety device (The Verge)
Garmin unveils Descent Mk1 smartwatch (Wareable)
Sensoria releases first ‘smart shoe’ with pressure sensors, expands beyond socks and shirts (GeekWire)
Logitech is experimenting with a keyboard built for virtual reality (TechCrunch)
Funding & M&A
VitalConnect closes another $38 million for its disposable sensors (MobiHealthNews)
Hearable startup Doppler shuts down (TechCrunch)
First Minute Capital joins $5.8M seed for AR treasure hunt game Snatch (TechCrunch)
Major milestones
Apple Watch Series 3 with LTE will now stream music (The Verge)
Google is launching an AR and VR object library called Poly (The Verge)
Rumours
Fitbit is planning a lineup of smartwatches beyond the Ionic (Wareable)
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