Pebble Sold 400,000 Smartwatches in 2013
Pebble is now completely dominating in the wearable device market, doing over 400,000 sales last year that brought them a whopping $60 million in revenue.
The company is looking to double that figure in 2014, and they are already on track to do so.
Pebble officials seem very confident that they will remain in the wearable device market even with the growing competition from billion dollar companies on the horizon.
“When we started working on wearables six years ago, there were few players in the space and a lot of skeptics,” says Pebble CEO Eric Migicovsky of Google’s news. “It’s exciting to see this market grow so quickly — enabling more interesting use cases and keeping all of us laser-focused on creating the very best user experiences we can.”
Company CEO Eric Migicovsky of Pebble is focused entirely on building the best product that he can and not worrying too much about the competition.
“My dream watch would be something that is just screen, but we’re going to live with reality for a little while,” he says. Migicovsky also looks forward to a day when Pebble becomes more than an early-adopter digital accessory, when the watch can act as a central controller to some of the user’s other devices: their car, items in their home and on their body. His plan is to innovate upon Pebble to the point where “if other people compete with us, they would have to do it on our terms.”
The new Version 2.0 of Pebble has something really exciting. They have launched their appstore that will feature more than 1,000 apps on the store. The categories available will be Tools & Utilities, Daily, Notification, Remotes, Fitness and Games.
Currently there are three new major Fortune 50 partners in eBay, Evernote and Time Warner Cable. Not a bad line up of new partners to have by any means. All of these partners have recently put up their apps on the Pebble store.