Peloton exploring apps for Amazon Fire TV, Apple Watch: Bloomberg
Reuters
Published Nov 13, 2019 05:01PM ET
Peloton exploring apps for Amazon Fire TV, Apple Watch: Bloomberg
(Reuters) - Peloton Interactive Inc (O:PTON) is exploring apps for Amazon.com Inc's (O:AMZN) Fire TV and Apple Inc's (O:AAPL) Watch, Bloomberg reported on Wednesday, citing people familiar with the matter.
The treadmill and exercise bike-maker is also planning for a cheaper treadmill, rowing machine for the next year, according to the report. (https://bloom.bg/2rA6U6u)
Peloton is known for its on-demand workout program on exercise bikes which allow riders to join virtually with other participants.
"While our R&D team is always working on ideas, we have no new products to announce on either the software or hardware side", a company spokeswoman told Reuters.
Peloton's shares fell 7.5% earlier this month after it forecast a loss for fiscal 2020 in its first earnings, following a disappointing market debut in September.
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Written By: Reuters
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