Garmin
Garmin Posts Record Quarter, Warns Smartwatch Prices May Climb in 2027
· Reported by Tech Times
Garmin posted the best quarterly results in company history on Wednesday — and then its CEO told the market that shoppers who want a fitness watch at today's prices may not want to wait until next year. The company's Q3 2026 earnings call, held October 28, produced record revenue, record operating income , and a record gross margin — alongside a warning that a structural shift in the global memory chip market, driven by AI data center build-out, is on course to compress margins throughout 2027, with pricing named explicitly as one of the tools available to offset the damage.
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