Apple’s (AAPL) share price has taken a huge hit over the past few months as analysts did their best to call Apple’s future prospects into question. No one is arguing that Apple will continue to grow in the near future, but the explosive growth the company has enjoyed for the past few years is likely to slow and the huge margins it has achieved thanks in large part to the iPhone may continue to shrink. By expanding into new territory, however, one industry watcher thinks Apple is about to open new doors that may help reverse the Street’s soured sentiment.
Apple (AAPL) is said to be in negotiations with Time Warner (TWX) to offer an HBO Go application on Apple TV by mid-2013, according to sources speaking to Bloomberg. The set-top box already carries services from Netflix (NFLX) and Hulu, and the addition of HBO Go could help Apple boost sales of the device. The service allows HBO subscribers to stream original TV shows and movies on the Web and through variety of devices such as Android and iOS smartphones and tablets, TVs, Blu-ray players, Roku boxes and gaming consoles. More →
While there will certainly be several sweet new television sets on display at the Consumer Electronics Show next week, the TV that generates the most buzz may be one that isn’t even at the show. Per AppleInsider, Topeka Capital’s Brian White thinks that Apple’s (AAPL) long-rumored television set will be “the elephant in the room” because of its potential to “totally reinvent the TV experience.” Specifically, White thinks that “Apple’s ability to develop hardware and software together, combined with a relentless, detailed focus on aesthetics and a robust ecosystem will make the company difficult to beat in the coming years” when it comes to changing the television set industry.
A number of industry watchers are waiting for Apple’s (AAPL) “next big thing” before they’re confident once again that the company can maintain rapid growth in the coming years. While many expect an own-brand HDTV from Apple to be that catalyst, a new report suggests Apple’s much rumored television will not be released in 2013. Near the top of a list of 13 predictions for 2013, BTIG analyst Richard Greenfield writes that Apple’s “mythical” TV set may indeed be in the works, but it will not launch this year. More →
Apple (AAPL) is reportedly testing a number of HDTV prototypes with manufacturing partner Hon Hai, though a launch in the coming year is said to be unlikely. Citing a single anonymous source, Focus Taiwan reports that initial testing of Apple’s own-brand TV sets is currently under way at Hon Hai. Display panels on the prototypes are said to range from 46 to 55 inches and several different designs are being tested. According to the site’s source, the final version of Apple’s debut HDTV is not likely to begin shipping until 2014 at the earliest.
Bad news for Apple (AAPL): The company needs to launch the “next big thing” in order to reverse investors’ soured sentiment according to Barclays Capital analyst Ben Reitzes, and that next big thing could be Apple’s HDTV. Why is that bad news? Because according to a recent report from The Wall Street Journal, the company’s TV set won’t be launching any time soon — if it even launches at all. More →
Following more than a year of rumors suggesting Apple (AAPL) is working to develop an own-brand television, The Wall Street Journal on Wednesday reported that the company is indeed testing a number of designs with manufacturing partners. Citing information from multiple unnamed sources working for Apple’s suppliers, WSJ reports that Apple is testing several HDTV designs with Asian partners including Hon Hai and Sharp but the device is not close to release, as earlier reports had suggested. ”It isn’t a formal project yet. It is still in the early stage of testing,” one of the paper’s sources said. Apple is said to be working with Sharp to design the TV, and Sharp is also rumored to be supplying display panels for the device.
A new survey by AlphaWise and Morgan Stanley polled 1,568 heads of U.S. households and found 11% are “extremely interested” and 36% are “somewhat interested” in an Apple-branded HDTV. Of those surveyed, 20% also said they would pay a premium to buy a TV from Apple (AAPL), suggesting there is an untapped market for Apple to offer up to 43 million HDTVs. More →
In light of CEO Tim Cook’s newfound “intense interest” in fixing up today’s backwards TV experience, Apple (AAPL) is reportedly preparing to update its second- and third-generation Apple TV boxes with Bluetooth support, according to 9to5Mac. The news comes from an analysis of the latest beta Apple TV beta software and suggests a wireless keyboard can be attached to make media controls and search much easier – a move that mirrors Google’s (GOOG) Google TV. But, there’s a catch – Bluetooth will reportedly be limited remote control input support and won’t support accessories such as Bluetooth speakers. More →
As Apple (AAPL) bulls insist that the company plans to launch an own-brand HDTV next year, again, plugged-in former Apple executive Jean-Louis Gassee isn’t convinced. In his weekly Monday Note column, Gassee writes that industry watchers have misinterpreted recent comments from CEO Tim Cook, and blown things out of proportion. More →
On Thursday, Barron’s reported Jefferies analyst James Kisner labeled Apple’s (AAPL) rumored HDTV launch as “imminent” based on his talks with various cable industry sources. AllThingsD’s John Paczkowski isn’t buying the rumor, though. Paczkowski says that Apple has definitely been talking with cable companies about a new product, possibly including TimeWarner Cable, but he doesn’t believe an HDTV is release is “imminent.” He says Apple has “already steered analysts away from the notion that it will have something to say about a TV solution soon” and that if Apple did have an HDTV up its sleeve and ready to ship almost immediately, it would have already alerted “TV programmers about new arrangements, and we haven’t heard anything along those lines.”
It looks like Apple (AAPL) really might be cooking up its biggest screen yet. Via Barron’s, Jefferies analyst James Kisner released a research note today claiming that the launch of Apple’s long-rumored high-definition television set was “imminent.” Kisner said he talked with several cable industry sources who said that at least one cable company is “is working to estimate how much additional capacity may be needed for a new Apple device on their broadband data network.” Needless to say, an “imminent” product announcement would be somewhat surprising since past rumors suggested that an Apple self-branded HDTV wouldn’t launch until 2014 or even not at all.
Apple (AAPL) typically doesn’t stream its press conferences live to the public, but the company will make an exception for its iPad mini unveiling later today. Under the heading “Apple Event,” Apple has added a new entry for an “Apple Special Event” on the Apple TV that is set to stream live beginning at 1:00 p.m. EDT, 10:00 a.m. PDT. Apple is expected to announce a number of new products beyond the iPad mini including new Mac computers, an updated version of iTunes and an updated third-generation iPad with a Lightning port and an optically bonded display. Live blogs will be great for catching bits an pieces of today’s event, but for those who want to see all the action as it unfolds and hear the news straight from the horse’s mouth, Apple’s event channel is free for all Apple TV owners. More →