TIVO goodies.......TiVo has lined up an all-star roster of investors such as NBC, America Online, Disney, and Time
Warner, which may be one factor in the stock's popularity today. Sony and Philips, which are also
investors, have also agreed to make the personal video recorders that allow the company's service to
function.
"Personal video recorders like TiVo will be the hottest electronics category in history," Josh Bernoff,
an analyst at Forrester Research, told Bloomberg.
Info appliances a hit with investors
TiVo's first day suggests how hot the market will be for information appliances--generally defined as a
single-function digital device, unlike PCs. International Data Corporation (IDC) is predicting that sales
of information appliances--which includes handheld computers, digital TV set-top boxes, smart
phones, and the like--could outstrip PC sales by 2002.
Forrester estimates that 14 million people in the U.S. will have personal video recorders by 2004. |
