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Roku CEO says Apple TV is a money-loser

Roku has long argued that bigger rivals end up helping Roku when they release streaming-video boxes.

CEO Anthony Wood allows that Apple TV does result in lost money — for Apple.

Roku founder and Chief Executive Anthony Wood isn’t worried about streaming-box competition like Apple TV, even if he thinks Apple maybe should be.

“Apple TV is essentially an accessory for the iPad. They lose money, which is unusual for Apple,” he said Thursday, speaking at the Recode conference here. “If you’re losing money, why would you want to sell more?”


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