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 TV does result in lost money — for .

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

“Apple TV is essentially an accessory for the . 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?”