• Peleton CEO says that Fitness+ is a 'legitimization' of fitness content

    3 days ago - By iMore

    Peleton says that Apple's new Fitness+ service proves it is in the right business.
    What you need to know
    Peleton CEO John Foley says that Apple's Fitness+ service is a "legitimization" of fitness content.
    He spoke about the announcement during the company's first investor meeting.
    Peleton is not worried, however, in Apple cannibalizing their hardware business.
    Reported by CNBC , Peleton CEO John Foley responded to Apple's announcement of its new Fitness+ service by saying that it has legitimized fitness subscription content.
    Foley's remarks were made during the bike maker's first-ever...
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