Tullo: Apple TV Delays Benefit Tivo
A couple of weeks ago, BuzzFeed reported a new Apple TV would be unveiled in Apple Inc. (NASDAQ: AAPL)’s annual fall event, in September. Apparently, management intended to introduce a Web TV service along with the next-generation Apple TV set-top.
However, a Bloomberg article published late-Thursday now reports the launch has been postponed until 2016. Sources familiar with the matter have said the delay was caused by slowly progressing licensing talks with TV networks like CBS, NBC, and Fox.
Others attributed it to the need for increased network capacity, which is fundamental to ensure a satisfying viewing experience.
On Friday, Rich Tullo of Albert Fried explained why this delay in the launch of the new Apple TV benefits TiVo Inc. (NASDAQ: TIVO), which now stands as a possible takeout target. The expert sees TiVo as a bolt on-to Microsoft Corporation (NASDAQ: MSFT) and a worthy purchase for Apple.
Why? Well, TiVo holds about 300 patents. So, buying the company would help bridge the gaps between the present and the time when Live Streaming Online TV becomes the new dominant force in the market.
Thus, Tullo adds, “The [TiVo] product fits into Apple's ecosystem.”
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