In Premium Tech, Necessity Still Sells - News Summed Up

In Premium Tech, Necessity Still Sells


Even when it comes to high-end toys, lockdown life distinguishes between wants and needs. That showed up in quarterly results Wednesday afternoon from Peloton Interactive and Sonos. Both sell pricey, tech-infused consumer products designed largely to stay home. But the two reported wildly different outcomes for the March quarter, which saw an influx of high-earners get confined to their homes as a result of the coronavirus pandemic.


Source: Wall Street Journal May 07, 2020 10:35 UTC



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