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Apple (AAPL) on Tuesday announced a new dedicated fitness and workout app called Apple Fitness+, positioning the tech giant as a major competitor to fitness platforms like Peloton (PTON).
Available by the end of the year and priced at $9.99 per month or $79.99 per year, Apple Fitness+ pushes Apple deeper into the personal fitness category. It also serves as further proof that Apple is leaning further into recurring revenue streams offered by subscription services as a means of ensuring the company’s continued growth moving forward.
Peloton under fire
The Apple Fitness+ service, which does not have a firm release date yet, will allow you to select the kinds of exercises you want to focus on — whether that’s high intensity interval training, yoga, cycling, core exercises, treadmill workouts, and more. You’ll also be able to choose the trainer you want to work with, the kind of music you’re interested in, and workout duration.
Sound familiar? Peloton — which first launched internet-connected bicycles and treadmills and now features an app with an array of other exercise options — offers similar options in its own services, as do other apps. In fact, much of Peloton’s appeal comes from the trainers who work with the service, and that’s exactly what Apple hopes to pull off, as well.
In the company’s press announcement, it specifically says that Apple Fitness+ trainers have their own “unique, inspirational story that transcends the screen.” The company goes on to say that trainers are focused around a variety of exercise expertise whether that’s professional athletes, personal trainers, health coaches, gymnasts and more.
The idea is for the trainers to be the kind of people you want to work out with on a daily basis, just as Peloton’s offerings do.
Apple is even moving forward with a first-timer feature for Fitness+ called Absolute Beginner that’s meant to provide users with the basics of workout movements and help them prepare for more advanced studio workouts.
It’s a smart idea, as it works to guide beginners away from starting on the hardest difficulty and becoming discouraged, which would lead them to cancel their subscription. It should also prevent users from hurting themselves by not following proper forms.
It’s all about the subscriptions
Apple Fitness+ is just the latest in Apple’s growing line of subscription services, and at $9.99 per month, it’s also one of the pricier subscriptions the company offers. But it’s also a solid value when compared to the $12.99 per month fee for Peloton’s Digital Membership, and free with the bike.