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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.”


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Worth it for me
By Icehawk on 3/15/2007 8:58:26 AM , Rating: 2
I happily blew the money on a S3 and I'd do it again. The upgrade in PQ from my S1 was worth it alone - it was annoying owning a HDTV and watching everything in SD with compression. The Tivo itself is just a much better device IMO than what I can get from Comcast.

A cheaper one would be great - maybe they'll make it single tuner to cut costs? Can't use too much smaller of a disk drive or you won't have enough room for HD content.




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