More than $1 billion worth of Apple TVs sold in 2013: CEO

Reuters News
Posted: Feb 28, 2014 1:05 PM

CUPERTINO, California (Reuters) - Apple Inc CEO Tim Cook said the company had sold more than $1 billion's worth of Apple TV set-top boxes in 2013, a small but significant number for a $99 device that has played second fiddle to the iPhone, iPad and Macintosh computer for years.

"It's a little more difficult to call it a hobby these days," Cook told shareholders at the company's headquarters in Cupertino.

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(Reporting by Alexei Oreskovic, Editing by Franklin Paul)