Health & Fit: Peloton shares slip on news Apple planning exercise video subscription service

22 must-have Peloton and indoor cycling accessories

  22 must-have Peloton and indoor cycling accessories From a portable speaker sound to padded bike shorts to aid your aching butt, these indoor cycling and Peloton accessories can support and enhance your ride. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Check out our top Peloton accessories picks below, ranging from my favorite wireless earphones to ride in to the compression cycling socks that everyone should be wearing in the saddle.

  • Peloton shares dropped more than 4.5% in premarket trading Thursday on a report that Apple is working on a subscription service for digital fitness classes.
  • Apple plans to offer virtual workouts via an app for the iPhone, iPad and Apple TV, Bloomberg reported Thursday.
  • It's a direct threat to both Peloton and Nike, which offers the virtual training app called Nike Training Club.
a man standing in front of a screen: Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California. More people are turning to Peloton due to shelter-in-place orders because of the coronavirus (COVID-19). © Provided by CNBC Cari Gundee rides her Peloton exercise bike at her home on April 06, 2020 in San Anselmo, California. More people are turning to Peloton due to shelter-in-place orders because of the coronavirus (COVID-19).

Peloton shares dropped more than 4.5% in premarket trading Thursday on a report that Apple is working on a subscription service for digital fitness classes.

The pandemic changed my mind about Peloton

  The pandemic changed my mind about Peloton I used to make fun of the expensive at-home exercise bike. Then I didn’t leave my apartment for five months.The act of getting an exercise bike for someone who maybe didn’t ask for an exercise bike, combined with the hostage video ambiance of the woman’s early struggle to learn to love an obligation-creating present, made it seem like the unnamed husband wanted a skinnier, more beautiful version of his already-beautiful wife.

Shares recouped the losses after the markets opened.

Apple plans to offer virtual workouts via an app for the iPhone, iPad and Apple TV, Bloomberg reported Thursday. Apple's move is part of a broader effort to launch new subscription plans that bundle several of its services, including Apple News+, Apple Arcade, Apple Music and others.

Apple declined to comment on the Bloomberg report.

It's a direct threat to both Peloton and Nike, which offers the virtual training app called Nike Training Club. It's also one example that highlights Apple's potential anticompetitive behavior. Developers have complained that Apple emulates their software and then introduces it as new features in iPhones and other products.

A Peloton spokeswoman did not immediately respond to a request for comment.

Furious Peloton members describe a customer-service nightmare as they wait months for repairs on issues like pedals that detach from bikes mid-ride

  Furious Peloton members describe a customer-service nightmare as they wait months for repairs on issues like pedals that detach from bikes mid-ride Peloton customers say they've been put on hold for hours, unable to make appointments for repairs to their bikes.She was pedaling out of the saddle — when riders stand up on their pedals, putting all of their weight on their feet — when her left pedal abruptly fell off.

Peloton, which has seen heightened demand in its at-home spin bikes and treadmills due to the pandemic, has also reported growing engagement. Its app is available to anyone, regardless of whether or not they purchase equipment.

The company reported in its third quarter 2020 earnings that it ended the quarter with 176,600 paying Digital Members, up 64% year-over-year.

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Apple wraps Apple Music, Apple TV+, Apple Arcade into one subscription .
Apple One combines subscriptions to Apple Music, Apple TV Plus, and Apple Arcade, starting at $14.95. Apple's forthcoming Fitness Plus app will be added to the $29.95 Premier plan.The tech giant officially launched its highly anticipated Apple One, which combines subscriptions to Apple Music, Apple TV+ and Apple Arcade.

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