2024-05-03
PTON Earnings Call: TBH, I don't expect much from the call, but I'll start with these. The store closures (red), the active (blue), and the 3rd party partnerships (purple). And, PTON's headcount compared to peers. 🧵 [image]
The Verge
Peloton CEO Barry McCarthy steps down, as the company lays off ~15% of its workforce, or ~400 people, its fifth cut since its 2021 peak, when it had 8,600 staff
App revenue did increase QoQ. As many have stated, why not role out the app internationally. Answer: Unknown. Must be hard, or something. After all, very few apps are offered outside of the US (sarcasm).
The Verge
Peloton CEO Barry McCarthy steps down, as the company lays off ~15% of its workforce, or ~400 people, its fifth cut since its 2021 peak, when it had 8,600 staff
2020-12-15
So, we've moved back to the 1980's, and are requiring a hardware dongle to use Fitness+? https://twitter.com/...
Wall Street Journal
Review of Apple's Fitness+ subscription service: a relatively good deal compared to rivals, with plenty of workouts, but requiring a Watch might put people off
a new fitness service built around Apple Watch, made to meet you wherever you are. 3, 2, 1... Let's go!⌚💪 https://www.apple.com/... Kara Swisher / @karaswisher : Still on #teamally...