Rumor: TiVo stock climbs on talk of deal with Apple for new Apple TV
A small post in Barron's noted today that TiVo shares have jumped up about 5% today on rumors that the company's DVR technology may be included in the next iteration of the Apple TV.
TiVo's Premiere device has greater functionality than the Apple TV, with the ability to record up to 150 hours of HD video (with the Premiere XL), on-demand video streaming from Netflix, Amazon Video, and YouTube, viewing of photo libraries on TV, and a choice of music and photo streaming services.
There has been a lot of speculation as of late that Apple may be poised to make the Apple TV more than just a hobby. With Google TV just around the corner and Google making deals with Sony, Logitech, Intel, and the Dish Network, Apple may be looking for partners to help jump-start a revival in the neglected Apple TV.
As noted in Barron's:"Is it true? Who knows?"
[via MacDailyNews]
