Technology
Peloton CEO on Apple launching a workout service: ‘It’s quite a legitimization of fitness content’ – CNBC
“The biggest thing I will say is it’s quite a legitimization of fitness content, to the extent the biggest company in the word … [is] saying fitness content matters,” said Peloton CEO John Foley.
Peloton CEO John Foley said Tuesday that Apple launching a fitness platform is a “legitimization” of this type of content.
Foley’s remarks were made during the bike maker’s first-ever investor meeting as a public company, and coincided with Apple’s splashy unveiling of the fitness platform, which will allow users to access a catalog of workout videos on iPhones, iPads, or on an Apple TV that sync to an Apple Watch.
Peloton shares dipped slightly on the news and recently were up about 4%.
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