Apple may buy this US-based company in 2024, predicts Deepwater, ET Telecom
Deepwater Asset Management predicts that Apple will acquire Peloton in 2024 to strengthen its workout segment. Apple's fitness tracking software and loyal subscriber base of 3 million users will add $1.7B to Apple's subscription revenue. Analysts at Wedbush previously suggested that Apple should consider acquiring Peloton to enhance its healthcare initiatives.
Source: indiatimes.com
