“Roku founder and Chief Executive Anthony Wood isn’t worried about streaming-box competition like Apple TV, even if he thinks Apple maybe should be,” Joan E. Solsman reports for CNET.
“‘Apple TV is essentially an accessory for the iPad. They lose money, which is unusual for Apple,’ he said Thursday, speaking at the Recode conference here. ‘If you’re losing money, why would you want to sell more?'” Solsman reports. “He characterized his comments about Apple TV as speculative.”
“Apple’s CEO Tim Cook earlier this month said that Apple TV, between revenue from selling the hardware and money from selling content on it, notched $1 billion in sales in 2013,” Solsman reports. “Roku, however, has maintained that, in the end, bigger technology companies making forays into streaming boxes actually helps Roku to grow. On Thursday, Wood noted that the day Apple launched its $99 box, Roku sales doubled.”
Read more in the full article here.
MacDailyNews Take: “Roku founder and Chief Executive Anthony Wood isn’t worried about streaming-box competition like Apple TV.”
Translation: He’s worried. (Or he’s delusional.)
Apple TV sales topped $1 bilion in 2013, becoming Apple’s fastest growing hardware – February 28, 2014
Tim Cook and Apple TV: A ‘hobby’ no longer – October 7, 2013
Apple TV dominates digital media receiver market with 71% share – May 29, 2013