Peloton

As expected with the Bike trade-in program, Peloton will soon open a used bike program and begin selling certified pre-owned bikes.

For riders who prefer live classes and plan to order a Peloton Bike+, they might be disappointed to learn that the new Auto-Follow resistance feature is only available in on-demand workouts.

As expected, Peloton ($PTON) reported a blowout quarter in the wake of the COVID-19 pandemic.

One of the main reasons I purchased a Peloton bike was to avoid running outside in the humid summers here in Chattanooga. That doesn’t mean indoor rides aren’t hot, though.

Yesterday, after the news of Peloton’s Bike+ and lower cost tread was announced, Jim Cramer said that Peloton would be “way too high” if the economy were to open. He’s wrong, and let me explain why.

With the announcement of the new Bike+ yesterday, Peloton also announced a new trade-in program for owners of previous Peloton bikes to lower the purchase price.

Peloton shared a host of new images of the new Bike+ and lower cost treadmill with us this morning, and we’ve spent the last few hours looking through them.

One of the additions to Peloton’s new Bike+ is a larger screen that will swivel to the other side of the bike. What benefit will this bring for Peloton customers?

While it should come as no surprise to those who are following the rumors, Peloton has announced a new bike (Bike+) and a new lower-cost treadmill.

Peloton includes options to share workouts to Strava and Fitbit after the class is completed. On September 1, it was just a text entry about the class. Now, it includes a screen grab from the actual class.

Following the supply chain can often give a deeper understanding of how companies will perform in upcoming quarters. If the news out of Rexon is any indication, Peloton is going to have a blow-out earnings report this coming week.

GymKit has been around for a couple of years at this point, but we rarely hear anything about it. Occasionally there will be a news story about a hotel chain adding a few thousand compatible treadmills, but that’s about it.

A new report from Bloomberg today offers additional details on Peloton’s upcoming hardware plans. According to the report, the company could announce its cheaper treadmill and higher-end bike as soon as next week. The existing Peloton bike could get a price drop in conjunction with these announcements.

Today looks to be the day of Peloton leaks, as a few hours after details of the upcoming bike were released, another Peloton leak followed.

Peloton has been rumored to be releasing a new bike sometime in 2020, and The ClipOut has heard some new details about what might be coming.

If you were planning to join one of Peloton’s live classes this morning, you’ll be sad to find out that Peloton has canceled live classes through 11:00 AM EST this morning.

If you’re not listening to The Clip Out podcast, you’re missing out on a great discussion of all things Peloton on a weekly basis. I discovered it earlier in the summer, and it’s quickly become one of my favorite shows.

Robert Franklin, the former head of product for Merch by Amazon, has been hired by Peloton to become its new senior vice president of e-commerce.

A recent job posting from Peloton for a Vice President of Product Marketing could give us clues about future ambitions for Peloton.

Our sister site 9to5Mac reported that Apple is planning a new fitness subscription service in order to compete against Peloton.

The Peloton digital app has become a popular workout partner for those without a Peloton bike or treadmill as gyms have stayed close for the past few months. But the Android app has frustrated many users with its lack of functionality compared to the iPhone and iPad apps.