Peloton CEO on Apple Launching a Workout Service: ‘It’s Quite a Legitimization of Fitness Content’

“We’re just digesting the announcement like everybody,” Foley said. “The biggest thing I will say is it’s quite a legitimization of fitness content, to the extent the biggest company in the word, a $2 trillion company, is coming in and saying fitness content matters. It’s meaningful enough for Apple.” 

However, he said, Peloton separates itself from Apple with its high-tech spin bikes and treadmills, which Apple isn’t planning to… READ MORE @ CNBC