TiVo Loss Widens While Subscribers Grow
Several sources (Yahoo, CNET, ABCNews) have just reported that TiVo has announced a net loss of $10.8 Million or 13 cents per share. The 13 cents per share loss is much lower then what many analysts had predicated. On average most analysts predicted a loss of 25 cents per share.
On a positive note, TiVo has stated that they now have 1.9 million subscribers. This is almost double the amount of subscribers from a year ago! As a little side note, I would like to say that 2 of the 1.9 million subscribers are people that I got to get a TiVo :).
What does all this mean for TiVo? How is the market going to react? Stay tuned for more news and information.
August 27th, 2004 at 2:55 am |
Will Tivo Turn The Corner In Our Lifetime?
I first heard of Tivo in 2000. When I read the description about their product, I thought this would eventually be useful. In some ways, I expected that sooner rather than later, that Tivo would rocket to success. When a…