TiVo a take over target for Apple. Stock soars over 18%
TiVo stock rose over 18% today on rumors that Apple is interested in a possible purchase of the DVR maker.
"What we hear on the street is that Apple is interested in their business and that they are a takeout target," said analyst Steven Kroll Jr. of Monness, Crespi, Hardt & Co. Reuters
I'm looking forward to see how Apple may redesign the TiVo Box. I'd expect a new white iPod inspired design would be in the near future.
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