Register

I agree with the Privacy Policy

The Motley Fool

This Little $35 Device Could Change the Smart TV Market

August 22, 2013

According to a survey from Parks Associates, 37% of homes with streaming media devices in the U.S. currently use Roku, compared to 24% using Apple TV. Since 2011, the number of households using an Internet streaming device rose 14%, with much of that growth attributed to video streaming sites like YouTube and Netflix.

For Apple, Apple TV has never been a meaningful source of revenue. However, a persistent rumor suggests that Apple will release a full-featured "smart television" on par with current products from Sony and Samsung to erect a third pillar of growth. More far-fetched rumors claim that the Apple TV will not only be a full-featured smart television, but will come with second-screen tablets and a ring-shaped remote control.

With the arrival of Chromecast, a full-featured Apple smart television seems unlikely, since it will be a substantially lower-margin business than its current set-top box. Sony and its Japanese industry peers have spent years dragged down by the ailing television business, which doesn't make it a lucrative market to dive headfirst into.

From the article, "This Little $35 Device Could Change the Smart TV Market" by Leo Sun.

Previously In The News

Amazon Prime Is Cutting Off Freeloaders. Could Netflix Inc Be Next?

According to a study by research firm Parks Associates, password-sharing is set to cost the streaming industry more than $500 million worldwide this year. The survey found that 6% of American house...

3 Failures From the Surface Launch

According to research firm Parks Associates, 45% of consumers surveyed expressed interest in the Surface before the pricing was announced. This same survey was conducted after the $599 bundled keyb...

Should Apple Listen to This Billionaire and Make Smart 4K TVs?

While sales of TV sets are expected to slump or remain stagnant, sales of higher-margin streaming devices -- such as the Apple TV, Roku, and Chromecast -- are projected to keep climbing. Research f...

Can This Former Apple Executive Salvage His Tarnished Reputation?

According to the market analysts at Parks Associates, the market for U.S.-based consumer and small-and medium-business tech support is expected to hit $30 billion next year, with households contrib...

‹
1
2
3
4
5
6
7
8
9
›