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Consumer Product

All articles tagged with #consumer product

technology2 years ago

Apple's New Headset Requires Apple One Subscription as Must-Have Accessory.

Apple is set to launch an experimental mixed-reality headset that resembles ski goggles and requires a separate battery pack. Unlike other Apple products, the device is debuting in an experimental mode, and the company predicts slower adoption compared to the iPhone or Apple Watch. The headset has taken seven years in development and will be one of the most complex consumer products ever sold.

business2 years ago

Peloton's stock plummets as 2 million bikes are recalled over faulty seats.

Peloton has issued a voluntary recall of 2.2 million bikes after 35 reports of seats either breaking or falling off during use, with 13 resulting in injuries. The affected bikes were sold at Peloton and Dick’s Sporting Goods retail and online stores as well as on Amazon. Only the PL-01 models are affected, and the CPSC recommends owners stop using the device immediately and contact Peloton for a free seat post. The recall probably won’t have a huge impact on Peloton’s business in the long term, but it certainly isn’t helping restore confidence among investors.