"“I’m feeling good about this business and where it could go,” Tim Cook said, further revealing that the company stopped calling the product segment a hobby once it pulled in $1 billion in revenue in 2013. “It didn’t feel right to me to refer to something that brought in a billion dollars as a ‘hobby,’” he said.Apple Sold 20 Million Apple TVs, Which Are Now Far From A Hobby | TechCrunch
“We’ve got a pretty large installed base there,” Cook said, speaking to competitors. He feels the Apple TV stands “extremely favorable” against other streaming devices like the new Amazon Fire TV."
Thursday, April 24, 2014
Apple Sold 20 Million Apple TVs, Which Are Now Far From A Hobby | TechCrunch
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