Garmin's fitness wearable business is heating up, accounting for 26 percent of the company’s overall growth thanks to the launch of several new wearables and increasing downloads on the company’s Connect IQ app store.
Garmin’s fitness segment grew 34 percent, with revenue for 2016’s second quarter at $213 million, compared with $159 million in Q2 2015. THe company's gross profit margin was...
