Tim Cook: Apple TV IS Still A Hobby, But I Couldn’t Live Without It

Matt Burns

Matt is a Senior Editor at TechCrunch. Matt Burns is a family man first and attempts to be a writer second. Born and raised in the heart of the automotive world, only cars eclipse his love of gadgets. He previously wrote for Engadget and EngadgetHD before moving into the party house that is TechCrunch. He learned the retail side of... → Learn More

Tuesday, January 24th, 2012
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Apple TV is still a hobby. The word comes from Apple’s Chief, Tim Cook who nevertheless championed the company’s current offering. He stated that Apple sold more than 2.8 million Apple TV units last fiscal year with 1.4 million moved within Q1 2012 (a new record for the device).

“Our Apple TV product is doing quite well… but in the scheme of things, we still classify Apple TV as a hobby. We continue to add things to it. If you’re using the latest one — I don’t know about you, but I can’t live without it. Other than that, no comment.” said Cook.

Apple HDTV speculation has run wild the last few years. It’s been said that the late Steve Jobs wanted a proper Apple TV but HDTVs have notoriously low-margin devices — Apple doesn’t make products they can’t make money on. That said, connected TVs seem to be the next big thing in the consumer space. Samsung made a huge splash at CES 2012 with their 4th generation platform. Previous Apple HDTV rumors place Apple launching two models sometime in the middle of 2012. But, as of right now, it’s still a hobby.


Company: Apple
Website: apple.com
Launch Date: April 1, 1976
IPO: NASDAQ:AAPL

Started by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has expanded from computers to consumer electronics over the last 30 years, officially changing their name from Apple Computer, Inc. to Apple, Inc. in January 2007. Among the key offerings from Apple’s product line are: Pro line laptops (MacBook Pro) and desktops (Mac Pro), consumer line laptops (MacBook Air) and desktops (iMac), servers (Xserve), Apple TV, the Mac OS X and Mac OS X Server operating systems, the iPod, the...

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