Quote:
Originally Posted by echelon_john
Sorry ‘bout that. The gist is that Peloton will no longer manufacture any equipment. All physical goods-bikes, treadmills, etc will be produced by 3rd party vendors. Looks like they’re betting that those cost efficiencies and a focus on software will enable them to survive. Tough to see the quality of the bikes etc remaining steady given that structure plus cost-cutting imperatives.
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Brutal, so Peloton has just become a software platform. I wonder who will build their bikes, NordicTrack? Also, what's gonna happen to all those first-generation Peloton products in the coming years, will they just give people a voucher towards a new third-party-produced product if their current equipment craps out within warranty...so many questions.