Thursday, September 28, 2017

Roku To Wall Street: Not Just An Unprofitable Hardware Business

Roku is also up against tremendously deep-pocketed rivals: Apple, Amazon and Google. Both Apple and Amazon released new streaming media devices in September. “We’re fortunate to be the only player with a purpose-built operating system for TV. Our competitors port over phone operating systems,” Louden countered. Roku's operating system is lightweight enough that the company could maintain lower costs on its hardware, according to Louden. Roku currently holds the highest market share out of all its competitors: In the first quarter of this year, Roku held 37%, according to research firm Park Associates.

From the article "Roku To Wall Street: Not Just An Unprofitable Hardware Business" by Aaron Tilley.

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