Company is focused on creating a better product, not playing catch-up with Google

Pebble has really set the scene as the leading smartwatch offering throughout 2013, and now sales numbers help reaffirm that. Since January 2013, Pebble has sold over 400,000 devices, and that barely takes into account the availability of the higher-end Pebble Steel. Based on some rough math that means Pebble has pulled in around $60 million in revenues for the year, and that's nothing to sneeze at for a company that got its big chance with a Kickstarter campaign.

The company employs 70 people now, and it's clear that Pebble isn't slowing down. With the launch of the latest Pebble 2.0 app and the Appstore, along with the Pebble Steel from back in January, there's a lot of growth ahead of this smartwatch company. CEO Eric Migicovsky is focused on making Pebble a better product with new software, hardware and initiatives.

Of course this week's announcement about Android Wear definitely mixes things up a bit. While we still have no indication of the pricing or specific release date of the first wave of Android Wear devices, we can be sure the parallels between them and Pebble will be immediately drawn. Pebble has a head start, and we'll have to see how it capitalizes on the opportunity.

Source: Fortune