Apple buyout of TiVo ‘highly unlikely’
Smith Barney said a buyout of TiVo by Apple was contradictory to comments from Apple management and said “we strongly believe Apple has no interest in acquiring TiVo.” The research firm said: “Based on Apple’s commentary, we believe a deal is highly unlikely. Specifically, Apple had two points that lead us to discount the current reports. First, it appears as though Apple wants to stay focused on selling select proven products (e.g.
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