Mar 28 2014, 2:20pm CDT | by Ehsanul Haque Kanan
Apple TV might be a valuable device to the Apple CEO Tim Cook, but it is not an interesting device to the Roku founder Anthony Wood, as he believes that the device is causing the tech giant to lose a significant amount of money.
Roku is such a company which reigns in a huge market for streaming-video devices. It has more than 1,200 apps and is expanding the growth rapidly. However, it is facing a strong competition since the entrance of big names in the specific market, including Apple TV.
However, Wood’s statement doesn’t prove that the Apple TV is a failed device, as it had awarded the Cupertino company with a massive revenue of $1 billion in 2013. Moreover, Tim Cook stated that the device “is not a hobby anymore.” It strongly indicates that the tech giant has a serious plan for device, which might provide Apple with a record breaking profit.
However, Apple hasn’t made any comment regarding the matter.
Ehsanul Haque Kanan
Ehsanul Haque Kanan is covering consumer electronics with passion. He is especially an avid follower of all things Apple.
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