In what ways could Peloton's subscription model provide a stable revenue stream?
Is Peloton Here to Stay?
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Business, Social Studies
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Hard
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In this episode of Power Up, Mark Berman discusses Peloton's growth during the COVID-19 pandemic, highlighting its significant revenue increase and brand popularity. Despite concerns about being a 'COVID stock,' Peloton's recurring revenue streams and strategic acquisition of Precor suggest long-term success. However, competition from Apple, Echelon, and NordicTrack presents challenges. Overall, Peloton appears poised for continued success.
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OPEN ENDED QUESTION
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Discuss the impact of competitors like Apple's Fitness Plus on Peloton's future.
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