Consumers Spent More Than $1B For Apple TV In 2013

By | Friday February 28, 2014 @ 1:10pm PST

Apple CEO Tim Cook disclosed the number, which includes hardware and software sales for the streaming video device, at the company’s annual shareholder meeting today. AppleTVAnd at $1B in sales “it’s a little hard to call it a hobby … Read More »

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Apple Negotiating With Time Warner Cable To Introduce A Set Top Box: Report

By | Wednesday February 12, 2014 @ 11:11am PST

Is this one of the products that Apple CEO Tim Cook has promised will wow consumers and investors this year? Apple TVThe electronics company is negotiating with the No. 2 cable operator and others who can feed content … Read More »

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Carl Icahn Urges Apple To Introduce A 4K TV Set

By | Thursday January 23, 2014 @ 1:32pm PST

The activist investor made his pitch in a letter to fellow shareholders today urging them to support his resolution calling on Apple to increase its share-repurchase plan. “Given that the company has $130 billion of net cash and $40 billion of expected annual earnings, and the fact that it is hard to find a better time in history to borrow money,Icahn headshot a $50 billion share repurchase over the course of fiscal year 2014 seems more than reasonable to us,” Carl Icahn writes — calling this “one of the greatest examples of a ‘no brainer’ we have seen in five decades of successful investing.” He adds that he’s an Apple fan, and over the last two weeks bought $1B of its stock, including $500M today, for a total holding worth about $3.6B. One reason for his optimism is his hope that Apple will finally introduce a TV set that will make it easy for users to watch shows from conventional pay TV and the web, and take advantage of the growing interest in 4K, or Ultra HD, screens. “While cable companies will likely be slow to upgrade their linear TV infrastructure due to cost, video content is expected to be accessible through the internet via services like Netflix and others,” Icahn writes. “We believe ultra high definition represents a major catalyst for the next TV replacement cycle and a promising moment for Apple to introduce its first new product in this category.”

Related: Carl Icahn Takes Another Bite Of Apple
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Apple TV Gets Disney Channels App, Microsoft’s Xbox Offers Time Warner Cable

By | Tuesday August 27, 2013 @ 9:26pm PDT

Apple and Microsoft have added new channels to their streaming video devices that boost their available content. It’s a step forward for both gadgets but doesn’t break the a la carte wall just yet. Apple Read More »

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Roku Beats Apple TV In Homes With Streaming Media Devices: Report

By | Wednesday August 14, 2013 @ 12:02pm PDT

About 14% of all households have a streaming media device, twice the number that had one two years ago, research firm Parks Associates says today. But the most interesting finding in its new report on trends in connected TV is … Read More »

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Will Apple Be Able To Allow Ad-Skipping In Its TV Platform?

By | Tuesday July 16, 2013 @ 7:21am PDT

Talks with cable companies and TV networks about just such a plan “seem to be heating up,” according to a blog post by former Wall Street Journal reporter Jessica Lessin. This would be a premium service for Apple, she says — and distributors have an incentive to consider the idea because the consumer electronics company would compensate them for the revenues they’d lose. Apple CEO Tim Cook and SVP Eddy Cue raised the idea with some execs last week at Allen & Co’s Sun Valley mogulfest, Lessin says. The company has been working for years to develop its own TV set and service; last year Cook called it “an area of intense interest for us.” But owners of TV rights have a good thing going with pay TV providers, and for the most part have been unimpressed with Apple’s efforts to join the club. Apple’s idea to compensate them for ad skipping “seems unlikely to be enough to convince them” to change their minds, Lessin says. Networks fear that tech companies such as Apple ultimately want to offer programming a la carte, instead of in the current bundles that require subscribers to pay for channels that they don’t watch. Without bundling, the TV ecosystem would lose about half of its value — now estimated at $70B — with only 20 channels able to survive, Needham & Co analyst Laura Martin said in a report yesterday. Read More »

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Apple TV Close To Deal With Time Warner Cable: Report

By | Tuesday July 2, 2013 @ 8:44pm PDT

With HBO Go and Watch ESPN firmly ensconced on Apple TV, is the country’s second-largest cabler about to come aboard? Sources told Bloomberg today that the companies will unveil a deal in the next few months. … Read More »

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Apple TV Adds HBO GO & Watch ESPN

By | Wednesday June 19, 2013 @ 7:38am PDT

CUPERTINO, California—June 19, 2013—Apple today announced that HBO GO and WatchESPN are now available directly on Apple TV joining the great lineup of programming offered to customers. iTunes users have downloaded more than one billion TV episodes and 380 million movies from iTunes to date, and they are purchasing over 800,000 TV episodes and over 350,000 movies per day.

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Apple CEO Says New Products Coming Late This Year And “Across 2014″

By | Tuesday April 23, 2013 @ 3:14pm PDT

Wish I could tell you what they are — but CEO Tim Cook offered sizzle without steak in his call with Wall Street analysts today after Apple reported its second-quarter earnings. He says that Apple will … Read More »

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How Low Will Apple Shares Go?

By | Thursday January 24, 2013 @ 4:06pm PST

That’s the question of the day for Apple followers as the company’s fans on Wall Street lick their wounds from last night’s disappointing earnings report. The stock fell 12.4% today to $450.50. That’s the company’s worst one-day performance in about four years, and puts Apple shares right where they were about year ago. The company’s market value of $423B is still impressive, but a far cry from late September around the time it released the iPhone 5. Back then, investors thought it was worth more than $659B. To put this into perspective, the drop in the perceived value of Apple over the last four months amounts to more than the value of Comcast, Disney, and Viacom combined. Read More »

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Global Showbiz Briefs: Apple TV Adds Vivendi Watchever, Singapore Censorship

By | Saturday January 12, 2013 @ 8:50pm PST

Apple TV Adds Video Streaming Service Watchever In Germany
Apple TV has added access to Vivendi’s streaming video subscription service Watchever in Germany. The move could open the door to more region-specific deals “where there is a strong localized offering that delivers content appealing to Apple TV owners there,” according to Next Web. Watchever offers access to whole seasons of U.S. series, movie blockbusters and international art house films for €8.99 ($11.99) per month. Purported “thousands” of available titles include AMC’s Mad Men and Breaking Bad, early seasons of HBO shows such as The Sopranos and Sex and the City and films like Slumdog Millionaire and There Will Be Blood. Netflix is not available in Germany. Amazon-owned Lovefilm, which offers both streaming and physical DVDs, is available but as with Amazon Instant Video in the U.S., it’s not available on Apple TV. Read More »

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Many Consumers Are Willing To Pay 20% Premium For An Apple TV: Study

By | Tuesday December 11, 2012 @ 2:45pm PST

The latest contribution to the speculation about a possible Apple TV comes from a survey commissioned by Morgan Stanley which quizzed 1,568 heads of households in the U.S. in September. It found that 47% were at least “somewhat interested” … Read More »

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Apple Won’t Release A New TV Product This Year: Bloomberg

By | Thursday September 6, 2012 @ 8:19am PDT

The entertainment industry has been waiting since last year for Apple to unveil a device that would simplify TV navigation the way the iPod and iTunes did for music. But it seems the company won’t have anything out by the end of … Read More »

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Apple TV Relents And Offers Its Users Access To Hulu Plus

By | Tuesday July 31, 2012 @ 7:31am PDT

This could be a significant change for Apple: So far it has only made iTunes and Netflix available to Apple TV users who wanted to order movies and TV shows. Strangely, the companies aren’t saying much about the decision. There’s … Read More »

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Don’t Hold Your Breath Waiting For A Game-Changing Apple TV Set: Analyst

By | Wednesday April 11, 2012 @ 7:17am PDT

BTIG’s Rich Greenfield is one of the few media analysts who also seems to use and critique just about every video gadget that’s ever been made. So people who are betting that Apple is about to make huge profits from a TV set that will revolutionize consumers’ relationship with the tube should pay attention to his warning this morning: It “will take longer to come to fruition than investors are likely expecting.” His view jibes with that of his BTIG colleague, Walt Piecyk, who on Monday downgraded Apple to “neutral,” in part because of his conclusion that ”no Apple TV will be released this year.” The belief that Apple is about to upend the TV market, just as it has done with music and phones, spread last year. Steve Jobs’ biographer Walter Isaacson quoted the late CEO saying that he finally “cracked” a way to make the viewing process simple and elegant. Greenfield agrees that there’s an opportunity for someone to do just that. The user interfaces and remote controls from TV manufacturers and pay TV companies “are horrible – they are the polar  opposite of intuitive and they certainly don’t ‘just work’,” the analyst says. Read More »

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Apple TV Sets Probably Will Be Dazzling, But Not Revolutionary: Report

By | Monday April 2, 2012 @ 9:47am PDT

The analysis out this morning from Barclays Equity Research captures the general ambivalence on the Street about the eagerly anticipated Apple television set, which the firm expects to see as early as 2013. It envisions a TV set that blends Internet and conventional TV programming enhanced by features including Apple’s Siri voice controls and an iSight camera and microphone. “Apple’s eventual television could be so much more than a TV — including gaming, video communication, content delivery, apps, computing and all the capabilities of the current Apple TV — that it is really not fair to compare it to products already on the market,” Barclays says. The TVs probably wouldn’t need to be connected to a cable set top box; they could use CableCARDs to unscramble the providers’ signal. Although that would mean no access to the operator’s VOD, Barclays says that consumers won’t mind because they’ll be able to connect to services such as  Netflix and Hulu. Barclays estimates that Apple could generate $17B in revenues it it takes 5% of the TV set market. Read More »

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Apple TV Opens Direct Netflix Subscriptions

By | Thursday March 8, 2012 @ 1:10pm PST

Apple NetflixThis was a little buried under yesterday’s flurry of news about the changes to the Apple TV and iPad — and Netflix‘s talks to become a cable service. But the streaming video provider … Read More »

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Apple’s New iPad Seen As Only Small Step Forward For Digital Infotainment

By | Wednesday March 7, 2012 @ 3:42pm PST

New iPad 3We may have to wait for Apple to unveil its much-rumored and allegedly revolutionary television set, or even the next iteration of the iPhone, in order to see how the tech giant hopes to rock the infotainment world. That’s because, at first glance, Hollywood execs and analysts say that the new iPad is virtually a non-event: It says more about Apple’s desire to protect its share of tablet sales from rivals including Amazon and Samsung — or upcoming devices built around Microsoft’s new Windows 8 operating system — than it does about any plan to shake up media. “There’s nothing game-changing” about it, says one Hollywood exec. To be sure, people say that iPad’s new HD screen and 4G broadband should improve the video-watching experience for consumers. The enhancements also will help iPad to remain the supplemental device of choice. “It will accelerate the development of the dual screen world, and the end of the set-top box” as pay TV providers try to shift TV control capabilities to tablets, says independent analyst Chris Dixon. But the updated tablet is still dinged as being Read More »

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Apple CEO Says He’ll End Child Labor And Unsafe Conditions At Chinese Plants

By | Tuesday February 14, 2012 @ 1:48pm PST

Apple CEO Tim Cook vigorously defended his company today from charges that it has enabled the Chinese companies that produce iPhones, iPads and other products to mistreat workers with low pay, long hours, and unsafe conditions.  “No one in our industry is doing more to improve working conditions than Apple,” he told the Goldman Sachs Technology and Internet Conference. “We care about every worker.” Although he says “the supply chain is complex” he adds that every worker has a right to competitive wages as well as fair and safe working conditions. “Apple suppliers must live up to this in order to do business with Apple,” he says. He added that hiring of children is “extremely rare in our supply chain, but our objective is to eliminate it totally.” He called use of child labor “a firing offense.” Apple also says it has found violations to its rule capping work at 60 hours a week but has begun to “manage working hours on a very micro basis….We can do better and we’re taking the unprecedented step of reporting this monthly on our website so its transparent.” Read More »

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