AP has a story about Tivo Shares Surge on Buyout Speculation, with Apple listed as a possible buyer. In a post to his weblog yesterday, Michael Gartenberg showed this one for what it is – wishful thinking on the part of a Wall Street analyst. As Michael puts it:
Apple’s not a big fan of TV consumption
and is not likely to want to want to get into the standalone DVR
business at this point. Even if they did, I suspect Apple could build
the technology themselves cheaper (and even if you think they can’t, I
suspect they think they can.)
If Apple was going to acquire someone in this space, it would more likely match the previous pattern of their acquisitions, and be a small, little-known company that has technology it needs.