Apple: Apple might purchase this US-based firm in 2024, predicts Deepwater

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Apple: Apple might purchase this US-based firm in 2024, predicts Deepwater

This is the Huge prediction for Apple for the yr 2024. In line with Deepwater Asset Administration, Apple would purchase Peloton in 2024. The acquisition is a part of the 13 predictions that the corporate made for the yr 2023.
Minneapolis-based funding firm Deepwater Asset Administration predicts that in 2024 Apple will purchase Peloton, the corporate headed by former tech analyst Gene Munster.By the way, this isn’t the primary time that somebody has predicted Apple shopping for Peloton. What’s completely different is that though analysts constantly predict this acquisition, the important thing distinction with Deepwater Asset Administration is that final yr, 8.5/10 predictions from Deepwater have been precisely predicted.
This is the precise prediction from DeepWater:
“Apple will look to bolster their exercise phase in 2024 by including health gear to go with the Watch and health monitoring software program. Peloton has a loyal subscriber base of about 3 million customers that can add about $1.7B to Apple’s subscription income, moreover this matches nicely into Apple’s continued funding in well being and wellness.”
Why Apple should purchase Peloton
In 2022, analysts at Wedbush cited a number of completely different causes for why Apple could also be contemplating, or must be contemplating, an acquisition of Peloton. In a notice to traders, analyst Daniel Ives wrote: “On the offensive entrance, Apple by means of its Health+ subscription service and Apple Watch technique would be capable to leverage the Peloton providers and flywheel to considerably bulk up its healthcare initiatives which have been a key strategic linchpin for Cook dinner.”