Apple’s rumored buy of Peloton ignores giant factors weighing against it

By news@appleinsider.com (William Gallagher) Investment firm Deepwater Asset Management is guessing that Apple will buy Peloton in the short term to boost subscription revenue — but the prediction ignores a few key factors why Apple probably isn’t interested.A Peloton exercise bikeNo more than Apple buying Disney, the idea that Apple will buy fitness firm Peloton will not go away. Typically the idea is predicated on just how Apple has enough money to buy it, or sometimes that it will be forced to if Amazon or Nike bid for Peloton in order to compete in fitness.As spotted by Investing.com, the new prediction from Deepwater Asset Management is chiefly also to do with finance, but specifically in what the acquisition could bring Apple. Rumor Score: 🙄 Unlikely Continue Reading on AppleInsider | Discuss on our Forums

Source:: Apple Insider