These are the days when TiVo
TiVo's transformation from a clunky hardware provider to a dominant entertainment software licensing company continues. Service and subscription revenues soared by 59% to $40 million, while hardware sales fell to the point where they are now making up less than 15% of the company's net revenues.
Yes, selling fewer boxes is a good thing now that companies like Comcast
That's good news to subscribers of our Motley Fool Stock Advisor newsletter service, which recommended TiVo stock a while back. Between the software deals and the recent moves indicating that the company may become the Google
Sure. It could be profitable. And that is exactly what the company is expecting by this fiscal year's fourth quarter. With so much going right for the company these days, the turnaround is here. Now the question to ask is, how high can TiVo go? We'll have to see how successful the company will be in licensing its functionality, and how the market will welcome ads on TiVo -- because, after all, a lot of folks buy a TiVo to blaze past the sponsored spots. Once we see how those things pan out, we'll be able to more accurately gauge the company's worth.
Some recent TiVo tidbits:
- TiVo's rebound wasn't my only bold prediction for 2005.
- TiVo is looking to become the next Madison Avenue power broker.
- Check out which companies are being singled out these days in our Stock Advisor newsletter.
- Share your thoughts or pilfer those of others on our TiVo discussion board.
Longtime Fool contributor Rick Munarriz does have a TiVo, but he does not own shares in the company. The Fool has a disclosure policy. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.