Apple Watch Fitness
Source: Apple Inc.
Apple announced the release Fitness+, its subscription service for digital fitness classes, on Tuesday morning, sending shares of Peloton lower in pre-market trading.
Apple’s service, which launches Dec. 14, will cost $9.99 per month or $79.99 per year. Users can watch workout videos on their iPhones, iPads, or Apple TVs and sync their exercise metrics from their Apple Watches. A Peloton subscription starts at $12.99 per month for fitness classes that don’t require the company’s connected bike.
Peloton shares dipped as much as 2% in pre-market trading on the news.
