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No. of Recommendations: 0
I'm curious to learn whether people will buy a "newer" peloton bike every X months just like they buy a new iPhone. if so, recurring revenue for hardware is not going to be 0%

In one of the interviews I listened to, PTON execs were talking about their great build quality and how they want the product to last years and years. This is part of their commitment to being environmentally friendly and sustainable. Now, perhaps trade-in and resale will support continued revenue growth.

I think clothing is a great area of growth.

Long PTON but it's not a top holding.
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