How Peloton and Lululemon Can Survive a Threat From Apple
If theres one thing investors like to see from a company, its a captive revenue stream. That stream is typically based on a customer subscription service, whether to movies, TV, music or something else.
One of those something elses is turning out to be virtual fitness programs, which was basically created by Peloton Interactive Inc. (NASDAQ: PTON), maker of exercise bicycles and treadmills that include an interactive touchscreen to stream live and on-demand fitness classes. The bikes are pricey…
