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

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...

Will Amazon Fire TV Benefit From Soaring Interest in Prime Instant Video?

Parks Associates estimates the market for streaming media players will grow 23% annualized between 2013 and 2018 as more of us get used to tuning in on-demand. Naturally, Netflix (NASDAQ: NFLX...

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

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...

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...