Providing market intelligence for more than 35 years

The Motley Fool

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 released market share estimates for the first three quarters of 2014. Roku is still on top, but Google and Amazon are each grabbing respectable pieces of the streaming media device pie.

In 2013, Parks Associates estimated Roku's market share at 46%, followed by Apple at 26%. The tables are starting to turn, suggesting that Apple needs to do something to reinvigorate Apple TV sales.

That's not to say that Apple has been completely idle. The company gave the Apple TV interface a fresh coat of paint in line with its new design aesthetic, and continues to add new app channels to the lineup. With as much as Tim Cook has talked about much Apple can contribute to the TV experience, it still feels like the company could (and should) be doing more.

From the article "More Evidence That Apple, Inc. Needs to Refresh Apple TV" by Evan Niu.

Previously In The News

Can Facebook Take Over Your TV?

Facebook is the dominant social media platform on phones, tablets, and computers, but is it part of your TV experience now, too? Yes, according to international market research and consulting firm...

Welcome to the New Silicon Valley

I was in my second day at last month's conference called Connections put on by Parks Associates. It's billed as "The Premier Connected Home Conference" and was held in San Francisco. It was far...

3 Ways Sony, Nintendo, and Microsoft Could Make Future Consoles Cheaper

There are already plenty of products -- including Google's Chromecast, Roku, and Apple TV -- that allow consumers to stream media from a home network or the Internet. These devices generally cost b...

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...