April 28, 2024

Roku CEO: Apple TV is Just an iPad Accessory, Loses Money

Posted March 28, 2014 at 3:17pm by iClarified · 7932 views
Roku CEO Anthony Wood dismissed the company's competition in an interview with Peter Kafka at the first-ever Code/Media event in Santa Monica.

"Apple TV is essentially an accessory for the iPad. They lose money, which is unusual for Apple," he said Thursday. "If you're losing money, why would you want to sell more?" He also noted that the day Apple launched its $99 box, Roku sales doubled.

Wood also addressed rumors that Amazon would be launching a video streaming box next week.

“Every year about this time, the Amazon box comes up that they’re about to launch. And the new Apple TV is about to launch … We’ve been competing with Apple TV for six years now, and every year, we’ve grown,” Wood told Kafka. ”We’re in the TV platform business. Our goal is to be the operating system for TV.”

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Read More [via CNET]