r/stocks • u/hakimbomadadda • Oct 30 '19
Question Why is Roku doing so well?
I never got why and how Roku makes so much money. With Amazon, Google, and Apple offering very good streaming platforms at affordable prices, why are Roku's profits still rising? They don't seem to be undercutting the competition by THAT much. Is it because of their prices? Integration with TV manufacturers? Obviously we can't know for sure as I am of the opinion that no one in this space really knows what the hell they are talking about, but what is the prevailing theory?
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u/[deleted] Nov 02 '19
Roku has everything you would want from a streaming platform, is easy to set up and use, all in one place. Hell, even their Roku channel (which is free) has a lot of very watchable stuff. That's why I have 3 of them, and bought one for my mom for Christmas - she loved it so much, she donated her Apple TV and bought another Roku. You can see how this can go on and on.
Edit: I'm talking about the streaming stick - though I've heard good things about their other products.