Nike and Apple have announced a new initiative that will offer the Nike + iPod experience in gyms worldwide this summer. The two companies are currently working with major gym equipment manufacturers such as Life Fitness, Precor, Star Trac, and Technogym to make their cardio exercise equipment Nike + iPod compatible, so that users can track their workouts on machines like treadmills, ellipticals, stationary bikes, and stair climbers. Users will plug?

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