Semiconductor firm Sigma Designs saw Deutsche Bank cut its stock rating from "buy" to "hold" this week, on what Barron's Blogs said were concerns about the near-term IPTV outlook and Sigma's business opportunities with IPTV set-top box manufacturers. The DB analyst said IPTV rollouts throughout the world would slow within the next year, and specifically that AT&T's subscriber gains will slow.
That outlook might be hard for some to believe, as it comes on the heels on surprisingly strong IPTV subscriber gains by AT&T in the third quarter. There also have not yet been other indicators suggesting other IPTV launches will slow down, though at some point, the market obviously will be mature enough in some regions that rollouts will become fewer.
Barron's Blogs has this post
AT&T is still on track to reach 1 million subscribers this year
Sigma has a key affiliation with Microsoft's Mediaroom