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Apple Probably Won’t Buy Peloton Despite Investor Push

A Peloton showroom in Dedham, Massachusetts.

A Peloton showroom in Dedham, Massachusetts.

Photographer: Adam Glanzman/Bloomberg

Apple probably won’t buy Peloton despite some on Wall Street pushing for that marriage. Also: The company prepares to take on Square, reports an all-time revenue record and sees its new communications head leave after eight months.

Last week on Power On: Apple nears its first launch event of the year, with a new iPhone SE and iPad Air on tap.