Roku CEO says Apple TV ‘loses money’, calls it an iPad accessory

roku-3-with-headphones

CNET is reporting that Roku CEO Anthony Wood described Apple TV as an ‘iPad accessory’ at Re/code’s Code/Media conference. Until recently, even Apple characterised the product as a ‘hobby’. The Apple TV box has not changed much since its major revamp in 2010. More controversially, Wood followed up by claiming that the Apple TV actually loses money for Apple – which would immediately seem strange since Rokus have similar hardware and cost less.

“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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Contestants at Pwn2Own take down Safari, but said OS X security is better than other systems

As usual, the annual Pwn2Own contest featured many hackers targeting the latest operating systems and browsers from the major vendors, including Apple. Threatpost reports that the “Keen Team” focused Safari on Thursday and exploited it with relative ease.

The team took home a $40,000 bounty for their efforts on Safari, as well as a share in a $75,000 prize for co-engineering a zero-day Flash exploit. They say they will donate some of their winnings towards charities representing missing Malaysian Airplane passengers.

The group say that for Safari, they used two different exploit vectors. One vulnerability was a heap overflow in WebKit that enabled arbitrary code execution. The team then used this opening to use another exploit to bypass the application sandbox and run code as if it was user privileged.

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It’s AAPL schizophrenia time: most admired company; institutions bailing; tablet growth falling

Photo: Business Insider

Photo: Business Insider

If you based your assessment of Apple’s future prospects on analyst reports and polls, you’d be upping your medication today while reading three separate sets of numbers.

Fortune reports that Apple tops the ‘most admired companies‘ list for the seventh time in a row, with Amazon and Google the runners-up. The charts are based on polling directors, executives and analysts in the USA’s largest companies.

The same source cites a Morgan Stanley investment note showing that the 30 largest institutional investors, who between them hold at least 30 percent of the shares on the market, have been selling AAPL, with their holdings at a record low …  Read more

Apple explores customizable layers for future Apple Maps app – new patent application

layersappl

We’re pretty selective in the Apple patent applications we cover here, simply because Apple patents all kinds of things for all kinds of reasons, and for every one of them that makes it into an Apple product, there are hundreds of others that never will. But this is one we think might.

The core concept is nothing new: layered maps. The existing Apple Maps app already allows us to choose between standard mapping, satellite view or both, and Google Maps on the web allows us to switch on or off layers like traffic, weather, public transit lines and so on. But what the Apple patent application describes would, if you’ll excuse the pun, take this idea to a whole new level …  Read more

Get your subsidized iPhones while you can – AT&T says the deals can’t last

unlocked

AT&T’s CEO Randall Stephenson told investors yesterday that with smartphone penetration approaching 90 percent, the existing business model – where carriers sell highly-subsidized smartphones to drive demand – will have to change.

When you’re growing the business initially, you have to do aggressive device subsidies to get people on the network. But as you approach 90 percent penetration, you move into maintenance mode. That means more device upgrades. And the model has to change. You can’t afford to subsidize devices like that.

Many U.S. iPhone buyers don’t realise the true cost of their handsets, as carrier subsidies mean they typically pay no more than $200. The full retail cost of those handsets, however, ranges from $549 for a 16GB iPhone 5c to $849 for a 64GB iPhone 5s. The balance is paid by the carrier, then clawed back through the contract payments …  Read more

iPhone was a “bet the company” product, says Phil Schiller, in opening remarks

iphone_2007

Phil Schiller’s real testimony in the Apple v. Samsung damages trial will come later today, but he put the importance of the iPhone into perspective in his opening remarks yesterday by stating that Apple “bet the company” on it (via CNET).

There were huge risks [with the first iPhone]. We had a saying inside the company that it was a ‘bet-the-company’ product [...] We were starting to do well again in iPod [...] Then here we’re going to invest all these resources, financial as well as people, in creating this product …  Read more