Apple Inc. and Peloton Interactive Inc. may appear to be a good match to some but the tech giant will not acquire the latter, journalist Mark Gurman said in his latest newsletter.
What Happened
As Apple treads further into fitness, it could help Peloton, but doing so would be an “unnecessary and pricey headache for Apple,” said Gurman.The journalist who focuses on the Tim Cook-led company broke Peloton into two components—hardware and software.
