Analyst Dan Rayburn, on (sigh) LinkedIn:
Going forward, Apple TV hardware is now essentially dead. Last month, Apple raised the price of its Apple TV 4K Wi-Fi (64GB) from $129 to $199, while the Apple TV 4K Wi-Fi + Ethernet (128GB) now costs $249, up from $169. That’s a major increase for hardware that hasn’t changed since its 2022 debut…. I don’t envision anyone in the market spending $200 on a streaming device.
Leaving aside Rayburn’s bizarre complaints in his post about Apple TV audio format support (which reflects nothing I’ve seen and sounds more like a user grinding a personal axe), this is a classic example of something we don’t see around these parts much anymore: The market share argument.
Apple’s strategies used to be attacked by the market share argument all the time. The premise is this: If you don’t have market share, nothing else matters. You could be making a profit. You could be serving a nice niche audience that is happy with your product. You could, in fact, be servicing your own lucrative ecosystem rather than focusing on competing with companies that are happy to race to the bottom.
Or as Rayburn puts it:
