Google on Wednesday unveiled Android TV, the successor to last year’s Chromecast dongle and the 2010 Google TV. Amazon in April launched Amazon Fire TV. Apple is still noodling with its Apple TV, now in its third or fourth iteration, depending how you count.
None of these devices are expected to be huge money makers. Apple TV generated $1 billion in revenue last year, about a thirtieth of what the iPhone generates each quarter.
So why are they doing it?
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