Netgear's weakness attributed to Apple TV

Posted Jan 18th 2007 11:14AM by Eric Buscemi
Filed under: Bad news, Apple Inc (AAPL)

Netgear (NASDAQ: NTGR) is weak today on no company specific news that we see. The "buzz" is that shares of Netgear are weak after Apple (NASDAQ: AAPL) said on its Apple.com website that the Apple TV is its top selling product even though its not out yet, which if one were to speculate could mean that pre-orders are strong.

Netgear is expected to compete with Apple's Apple TV with their recently announced EVA8000 Digital Entertainer HD set-top box.

Tags: aapl, apple, itv, netgear, ntgr, tv

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