With the recent announcement of Peloton’s production ramp-down and subsequent firing of CEO John Foley, questions have been raised about whether the company will survive a decrease in demand for at-home fitness equipment as the COVID-19 pandemic turns endemic. Apple, with its large cash reserves and its own Fitness+ brand, would be a prime parent for Peloton.
Sources on reasons for Apple to purchase Peloton:
| Indicator | Value |
|---|---|
| Stars | ★★★☆☆ |
| Platform | Metaculus |
| Number of forecasts | 113 |
With the recent announcement of Peloton’s production ramp-down and subsequent firing of CEO John Foley, questions have been raised about whether the company will survive a decrease in demand for at-home fitness equipment as the COVID-19 pandemic...