Why it makes sense for Apple to buy Peloton
As we’ve already reported (see page 4), Apple has announced an astounding $123.9 billion revenue for the first quarter of its fiscal year 2022 (the period ending 31 December). Nearly every category and geographic segment set records and the iPhone grew to a staggering $71.6 billion, more than some full quarters.
On the other end of the spectrum, Peloton announced in January
