Apple and Google’s TV Offerings Have Dramatically Improvedhttp://www.fool.com/investing/general/2013/12/24/apple-and-googles-tv-offerings-have-dramatically-i.aspx Sam Mattera
December 24, 2013
Both Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) continue to bolster their smart TV add-ons. Apple TV and Google's Chromecast have received notable app additions in just the last few weeks, making them far more than a Netflix (NASDAQ: NFLX) gateway.
Apple TV and Google's Chromecast help to lock owners into the tech giants' respective mobile ecosystems, so making them more attractive to consumers makes sense. However, it's curious that they've received so much focus prior to the release of what ultimately could be competing devices.
Apple TV has the edge
These apps, by themselves, don't make any more money for Apple, but they do make Apple's box more attractive to customers. In May, Apple said it had sold over 13 million of them, with about half of those sales coming within the last year. Someone buying Apple's set-top box for Netflix and HBO Go might eventually rent or buy a movie from iTunes.
Google's Chromecast is rapidly catching up
Like Apple TV, the Chromecast has worked with Google's media store from the get-go: Any movies or TV shows rented or purchased on Google Play can be sent to a TV with the Chromecast. Apple's media ecosystem is generally well understood by investors, but fewer seem to give the same credit to Google. Interestingly, Google seems to be taking its media store far more seriously, recently launching a TV advertising campaign strictly for Google Play.
Netflix is the real winner
There are numerous ways to access Netflix's streaming content -- from smart TVs to video game consoles -- but a shockingly high percentage of Netflix subscribers still access the service from their computer: Statistic Brain put the figure at over 40% back