Fitbit on track to unveil "the best health and fitness" smartwatch by the end of the year

Fitbit, the company that makes fitness wearables, is planning to lift the cover off 'the best health and fitness' smartwatch by the end of 2017.

Fitbit co-founder and chief executive James Park was confident that the company can deliver the best product in this category. Here is what Park said at the Fitbit conference call:

“We are executing according to our transition plan and have increased confidence in achieving our full year results,” said co-founder and CEO James Park.

“Our smartwatch, which we believe will ...