GeorgeBMac

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GeorgeBMac
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  • Peloton could be bought by Apple to boost healthcare initiatives

    GeorgeBMacGeorgeBMac
    larrya said:
    Peloton - where the puck was, not where it’s going. With Covid restrictions dying off this seems like a shrinking market for a while. 

    True!  But as a nurse I hope it doesn't drop off too far or too much:   I've learned the limitation of medicine (particularly as one ages) and the value of self-care.  I addition, I've learned the value of a home gym over regular gyms (I replaced twice a week machine workouts with more frequent and consistent (4-6 days a week) moderate workouts).

    Very simply, the body was not meant to sit 5 days a week then "workout" for an hour or so on the other two days.   The body was meant to move most of everyday.  A home gym facilitates that. 

    Admittedly, I've received enough one-on-one coaching that I am able to go it alone and pretty much know what I'm doing.  But, even for a novice, a home gym would still be beneficial: they could see a personal trainer the standard 2-3 days a week and workout at home the rest of the week.

    patchythepirate

  • Amazon in talks to purchase fitness equipment producer Peloton

    GeorgeBMacGeorgeBMac
    DAalseth said:
    mr. h said:
    Amazon is now just like the Buy N Large company from the movie Wall-E. The difference here is Elon Musk’s space ships will take us off the planet.
    I'm ok with this as long as Bezos, Musk, and No 45 are all on board for the first one-way journey to Mars.
    That way, they can escape paying any tax for good.
    I guess you missed the part where Musk is paying $11 billion in tax?
    That was a one time thing due to how his stocks and options matured. Normally he pays almost nothing.

    That's true!  But it's not Musk's fault that the rules are stacked in his favor.  It's our fault for electing the politicians who made that happen and continue to look the other way.  

    I am so ashamed that Pat Toomey is my senator and I'll be very pleased when he retires next January.
    watto_cobra

  • Amazon in talks to purchase fitness equipment producer Peloton

    GeorgeBMacGeorgeBMac
    mr. h said:
    DAalseth said:
    mr. h said:
    Amazon is now just like the Buy N Large company from the movie Wall-E. The difference here is Elon Musk’s space ships will take us off the planet.
    I'm ok with this as long as Bezos, Musk, and No 45 are all on board for the first one-way journey to Mars.
    That way, they can escape paying any tax for good.
    I guess you missed the part where Musk is paying $11 billion in tax?
    That was a one time thing due to how his stocks and options matured. Normally he pays almost nothing.
    Do you actually have any concept of how much $11 billion is? It is absolutely ridiculous to write that off as "just a one time thing"; also he deliberately structured the option and stock-sale executions to maximise the tax due. Even if he never pays any tax ever again in his life, he'll probably have contributed more tax than anyone else ever, or at the very least be in the top ten list. It honestly boggles my mind how much flak he still gets about his tax affairs after this.

    It's called an income tax because its supposedly based on income.
    But Musk and other billionaires seldom have to pay any because they are able to hide their income in a multitude of different ways.

    Meanwhile, the poor guy working at Walmart gets stuck paying the full amount of tax on his income.

    What Musk and his fellow billionaires are doing is not wrong and not illegal -- because NOBODY pays more tax than they need to.  But the rules need to be fixed so they are applied equally.  Warren Buffet and other billionaires say the same:  He once complained that his secretary pays a higher tax rate than he does.
    watto_cobra

  • Peloton could be bought by Apple to boost healthcare initiatives

    GeorgeBMacGeorgeBMac
    larryjw said:
    One thing Apple doesn't buy is failing companies. 

    Just because it's overpriced doesn't mean Apple, who some think produces overpriced computers, would be good fit to buy Peloton. 

    It seems that Apple only invests in other companies to gain a strategic advantage in pursuit of their goals.  In other words, to buy talent or a set of patents and such.

    But,
    Apple already has a firm foothold in the fitness area.
    Peloton has little or nothing of value to offer them.

    In fact, Apple is better off with Peloton staying an independent competitor -- otherwise they'll be accused of monopolizing the fitness market too!
    ravnorodommike1watto_cobra

  • Peloton could be bought by Apple to boost healthcare initiatives

    GeorgeBMacGeorgeBMac
    gijoeinla said:
    snookie said:
    GeorgeBMac said:
    No...
    Yeh, Peloton has a subscriber base of primarily serious exercise enthusiasts (many of which likely wear Garmin watches -- so they won't incorporate well into Apple's ecosystem).

    Beyond that, what does Peloton have to offer that Apple doesn't already have and, in many ways, surpass?
    No.  Lot's of people use Apple watches with Pelotons which Pelotons promotes heavily.  I did get a laugh out of "serious exercise enthusiasts with Garmin watches" though.  Not even close to true either statement.  Apple could improve the quality and service of Peloton bikes, which is needed, plus tie it into Fitness plus at a great cost.  It would be a win win for both.  But not sure Apple wants to deal with making exercise equipment.  Peloton needs Apple a lot more than the other way round.
    Seems like most of you commenters don’t actually have Pelotons.  While Apple certainly doesn’t need their kind of inferior interface - one of you is correct the value to Apple is getting MORE integraron into Peloton not less.  So far the inability to fully integrate Apple products into Pelotons equipment is lame - totally lame.  ONLY the Apple Watch integrates HR and calories/mileage but that’s the extent.  You can’t “cast” to your HomePod sitting next to your bike or tread.  DUMB.  Or to your Apple TV to watch Peloton classes in your living room instead of trying to from your bikes monitor.  DUMB.  

    But yes - it’s the active lifestyle market that IS Apples most important connection and Peloton has a small piece at that table.  Their talent and extensive classes are very valuable.  And remember didn’t Peloton buy the gym equipment company as well? Name?  Precor.   

    Oh also - Pelotons operate using ANDRIODs software which is horrible on their devices.  Obviously that closes off Apple easy integration to existing hardware.  

    So - Apple would never buy their hardware. For what??  But would be great is a buyer that FULLY opens the Apple ecosystem to seamlessly integrates it like logging in, creating a Peloton account, using Apple Fitness, AirPods, HomePods, Apple TV, your Mac or bikes and treads that just work from your iPhone screen or dropping your iPads on them.  That’s where it makes some sense.   
    Apple already has a raft of classes and excellent instructors -- and they are continually building and improving on that.
    And, like you say, Apple would not want their hardware.

    So, what's left?  A couple million subscribers who would have to buy Apple equipment anyway?  Why bother?

    watto_cobra