Analyst: 60-inch Apple (APPL) iTV to launch this year

NEW YORK - It's no secret that Apple wants to get into the living room by making its own TV set, and there have been plenty of rumors and reports about how and when it's going to happen.

Now, an analyst says he's learned that the set will go on sale late this year, for $1,500 to $2,500.

In a research note Wednesday, Brian White of Topeka Capital Markets says the "iTV" will be 60 inches on the diagonal, but could also come in 50- and 55-inch versions. Apple will also release a small "iRing" that fits on the viewer's finger, allowing the user to control the screen by pointing, White says.

In addition, the set will come with tablet-like "mini iTVs" with 9.7-inch screens, the same as the full-size iPad, White said. The "iTV" will be able to send video to the smaller screens wirelessly around the house. The concept is similar to the way in which cable and satellite TV companies are starting to let their set-top boxes send video to iPads and other tablets.

White says his report is based on gleanings from visits with unnamed Chinese and Taiwanese companies that supply Apple with components.

Apple doesn't comment on future products before its launch events, but late company co-founder Steve Jobs told biographer Walter Isaacson that he wanted to remake the TV and had figured out a way to do it. Last year, there were numerous analyst reports that said Apple would launch a TV set in 2012.

Apple does sell an "Apple TV," but it's small box that connects to a TV to display movies and shows from iTunes.

Apple shares rose $4.91, or 1.1 percent, to $434.70 in midday trading, as the tech-dominated Nasdaq index fell 0.3 percent. Apple's stock is still close to the 52-week low of $419, which it hit a month ago.

Print this article Back to Top

Comments

More Apple Stories

Tim Cook Sees iPhones Everywhere, Even In A 17th-Century Painting Tim Cook Sees iPhones Everywhere, Even In A 17th-Century Painting Apple CEO Tim Cook joked that a 17th-century painting he saw in Amsterdam depicts the first iPhone.
Uber Gains A Major Ally With Toyota Partnership Uber Gains A Major Ally With Toyota Partnership Toyota is the latest automaker to get behind a ride-hailing service.
Apple boss Tim Cook: Apps are future of TV Apple boss Tim Cook: Apps are future of TV

Apple CEO Tim Cook says apps are the future of television and that the company wants to help change the entertainment industry.

A Fingerprint Won A Fingerprint Won't Protect Your Phone From A Judge's Warrant A judge can compel you to unlock your phone if you secure it with your finger.
Apple Is At Least Thinking About Fixing Autocorrect Apple Is At Least Thinking About Fixing Autocorrect's Awkward Moments A newly released patent-filing shows Apple knows it could improve the often unpredictable autocorrect.
Dead Body Found Inside Apple Dead Body Found Inside Apple's California Headquarters Authorities confirmed a gun was discovered near the body.
Apple Apple's quarterly revenue falls for the first time in 13 years

Apple says quarterly revenue fell for the first time in more than a decade.

FBI weighs whether to tell Apple about vulnerability FBI weighs whether to tell Apple about vulnerability

FBI Director James Comey says the FBI is still studying the Apple software vulnerability. 

These Robots Want Earth (And Space) To Be A Cleaner, Greener Place These Robots Want Earth (And Space) To Be A Cleaner, Greener Place Just some robots doing their part to tidy things up and promote recycling.
The FBI Paid Over $1 Million To Unlock San Bernardino Shooter The FBI Paid Over $1 Million To Unlock San Bernardino Shooter's iPhone FBI Director James Comey implied the bureau paid over $1.26 million for the software used to access the iPhone of San Bernardino shooter Syed Farook.