The Apple TV business generated more than $1 billion in revenue last year, according to CEO Tim Cook. That figure includes both hardware sales and content sold through the boxes.

At this point, there’s a big opportunity for Amazon to carve out share in the fast-growing market. About 14% of U.S. broadband households had a streaming-video media device like a Roku or Apple TV in 2013, according to Parks Associates. Overall, the research firm projects sales of connected-TV devices, including streaming players, smart TVs, videogame consoles and other products, to reach 330 million annually by 2017, nearly double units shipped in 2013.

From the article, "Amazon Unveils Fire TV, Video-Streaming and Gaming Set-Top for TVs" by Todd Spangler.

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