TiVo CEO agrees that the Series 3 DVR is overpriced
Those who want a TiVo Series 3 HD digital recorder but are unwilling to pay close to $800 for it may be pleased to learn that they are not alone. TiVo CEO Tom Rogers said in a conference call that the company must drop the price of its high-definition recorders in an effort to boost its current slumping sales.
“We will be highly focused this year on moving forward with a lower-priced, mass appeal High-Def unit, which will allow us to much better participate in the HD television trend,” said Rogers to analysts in a recent earnings report.
Rogers states that the growth of HDTV sales is a wave that the company has thus far been unable to ride due to the high price of the high-def TiVo DVR.
“The other clear learning at retail is that High-Definition television sets are the most important new consumer electronics item,” Rogers said. “Given the price of our HD unit, we were not able to meaningfully participate in that trend. This also clearly contributed to lower sales volume compared to a year ago, when this trend was nowhere near as significant.”
"Vista runs on Atom ... It's just no one uses it". -- Intel CEO Paul Otellini
|
DailyTech Poll
Do you use copy/paste on your smartphone?
7 Comments
Most Popular ArticlesWhy the Feds Believe Extraterrestrial Rays Could be Messing With Toyota Vehicles March 16, 2010, 4:03 PM Windows Phone 7 Series Shacks up With AMD, Will Bring 480x800 Xbox Live Titles March 12, 2010, 9:32 AM Mounting Evidence Casts Doubt on Driver in Recent "Runaway Prius" Incident March 15, 2010, 10:35 AM Nexus One is a Sales Failure, Google Extends Unlocked Phone Sales to AT&T Network March 16, 2010, 10:52 AM Microsoft IE 9 Preview Airs; Embraces HTML5, but Ditches XP March 17, 2010, 9:00 AM
|