Roku CEO Blasts Apple TV As A ‘Money Loser’

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The next version of Apple TV may allow you to take your viewing with you wherever you go. Photo: Apple
The next version of Apple TV may allow you to take your viewing with you wherever you go. Photo: Apple

Apple TV may have scored sales of $1 billion in 2013, but that hasn’t stopped Roku CEO and founder Anthony Wood from branding the device a “a money loser” and questioning why Apple would want to keep selling it.

The comments were made at the inaugural Code/Media event on Thursday, hosted by technology site Re/code. They arrive at a time when Apple is reportedly preparing a new version of the Apple TV that will integrate with Comcast’s network to provide users with a streaming TV.