Nike fires majority of FuelBand team, will stop making wearable hardware ?

Nike is gearing up to shutter its wearable-hardware efforts, and the sportswear company this week fired the majority of the team responsible for the development of its FuelBand fitness tracker
“Partnering with industry-leading tech companies is nothing new for Nike,” Nike’s Strong said. “We have been working with Apple to develop products since 2006″

No shit Sherlock.