Register

I agree with the Privacy Policy

The Motley Fool

Microsoft's Xbox One Becomes the Ultimate Device for Cord-Cutters Ahead of Apple TV Debut

June 22, 2015

To some extent, Apple already competes in this segment, with its aging $69 Apple TV. The device remains among the most popular in its class, but has been overtaken by newcomers, including Google's Chromecast. According to a report from Parks Associates, Apple TV's market share fell to third place last year in the U.S., behind both the Roku and the Chromecast.

Ahead of Apple's Worldwide Developers Conference, multiple reputable media outlets, including The New York Times, reported that Apple planned to update its Apple TV. Rumor had it the new model would offer a redesigned remote control and a digital TV service that would compete with traditional cable packages. However, that announcement never came. According to Re/code, that was due -- at least partially -- to the broadcast networks.

From the article "Microsoft's Xbox One Becomes the Ultimate Device for Cord-Cutters Ahead of Apple TV Debut" by Sam Mattera.

Previously In The News

6.8 Million People Say They're Ready to Cut the Cord After HBO Go Launches -- Are You One of Them?

Cable companies may be in for a rude awakening in the near future. If a Parks Associates survey is even close to accurate, droves of cable subscribers will cut the cord this spring after HBO ro...

More Evidence That Apple, Inc. Needs to Refresh Apple TV

Well, Fire TV is catching up with Apple TV and Chromecast just overtook it. We're No. 3! We're No. 3! That's according to a recent report from Parks Associates. The market researcher has rele...

AT&T and Verizon Drag On the Dow; Can Sprint and T-Mobile Really Win?

For AT&T and Verizon, the good news is that most people never switch carriers even when superior plan options become available. According to consumer data from Parks Associates, almost half of mobi...

What Investors Need to Know About the Alarm.com Holdings IPO

All things considered, Alarm.com looks like it should attract strong investor interest. Revenue continues to rise, and profitability is also improving. In its IPO filing with the Securities and...

‹
1
2
3
4
5
6
7
8
9
›