After finding a few minutes to scan TiVo’s quarterly call transcript what stands out, other than hoarding $200+ million in cash, is what appears to be a slippage in the delivery of a new DirecTV TiVo DVR. 2009 has become 2010. CEO Tom Rogers, via Seeking Alpha:
DIRECTV not likely to rollout until early next year
We’ve pointed to that timeframe in early next year
our expectation is early next year that the DIRECTV new product will be available
I can’t say I’m surprised. And have been suggesting for some time that it’s unlikely we’d see the renewed DirecTV+TiVo relationship bear fruit this year.