The speakers are also better (I live alone so I like not needing to put in bluetooth headphones for long rides) and the bike auto-calibrates so long-term results will be more consistent.
As to company viability, Peloton basically has three areas of focus:
- Making the equipment
- Selling the equipment/accessories
- Producing content
The last CEO was an idiot for trying to insource manufacturing. The new CEO smartly recommitted to having the bikes built in China by the current supplier, which should stabilize those costs.
From a sales perspective, they botched the rollout of the Bike+ in my opinion, they should've done more to delineate it from the regular bike. I don't think the rental subscription thing is a great idea.
Where Peloton should focus entirely is content production. Whether they like it or not they are a streaming content company that happens to also make and sell exercise equipment. Their content will continue to remain valuable for years to come. Should they eventually go under, someone else will scoop up all that content, backport their equipment to work with it, and keep things going.
The one thing I think Peloton should slow down on is the Artist Series. I know they're popular but my goodness are they probably spending TONS of money on the licensing rights.
All that said, their current CEO was the CFO at Spotify so he's familiar with actually looking at a balance sheet (previous CEO said he never looked at numbers) and running a content streaming business.