Apple is reportedly in talks to stream films owned by EPIX — a joint venture among Paramount Pictures, Metro-Goldwyn-Mayer and Lionsgate — across a variety of devices, including the long-anticipated iTV, according to a report from Reuters. Two people with knowledge of the negotiations told the publication that the talks are in the preliminary stages and no agreement is considered near. The Cupertino-based company is reportedly looking to beef up the content offered through its Apple TV set-top box and upcoming devices. An agreement could prove troublesome, however, due to EPIX’s $200 million agreement with Netflix, which gave the company exclusive streaming rights through September. More →
Despite early-morning jitters on Wall Street, Apple on Tuesday reported yet another blow-out quarter. The Cupertino, California-based company managed the second most profitable quarter in its history, posting a net profit of $11.6 billion on $39.2 billion in sales. Apple sold 35.1 million iPhones into channels last quarter, along with 11.8 million iPads, 7.7 million iPods and 4 million Mac computers. While the firm continues to dominate the technology industry — Apple is currently the most valuable company in the world — several analysts think Apple is just getting started. More →
Apple’s upcoming entry into the high-definition television space is set to blow the high end of the TV market wide open while current market players continue their struggles to compete on price. Market research firm KAE along with online polling company Toluna recently conducted a survey and determined that 25% of consumers in the United States would purchase a physical Apple television set if the Cupertino-based company launches one. Beyond early consumer interest, however, current TV industry players may have left a gaping hole that will bring Apple billions when it fills the void. More →
Acclaimed French designer Philippe Starck reportedly claims to be working with Apple to help design a revolutionary new product that will launch within the next eight months. ”Indeed, there is a big project together which will be out in eight months,” the designer said on air during an interview with a French TV show, Le Figaro reported. He continued, stating that the mysterious new product would be “quite revolutionary.” Starck’s credited works range from hotels to toothbrushes, and several consumer electronics devices he designed are currently sold in Apple Stores. The designer claims to have met with Apple co-founder Steve Jobs on numerous occasions over the years. “For seven years I came to see him once a month in Palo Alto and elsewhere,” Starck said. BGR reported last year that Apple plans to launch a redesigned iPhone this fall, and the company is also rumored to be working on a flat-panel “iTV” television that could launch later this year as well.
UPDATE: An Apple spokesperson confirmed to AllThingsD that the company is not currently working on any project with Phillippe Starck. More →
Anthony DiClemente, a media analyst for Barclays, said in a recent note to investors that he doesn’t believe Apple will be able to change the cable industry with its rumored “iTV,” AllThingsD reported on Monday. DiClemente thinks Apple could unveil an incredible piece of hardware, possibly one that looks like a “large-scale iPad,” that would tie together the Internet with the company’s existing suite of iOS apps and services. The analyst also speculates that the Cupertino-based company’s device could retail for $1,500 or more and incorporate its Siri voice assistant with a “groundbreaking interface” that is ”so much more than a TV — including gaming, video communication, content delivery, apps, computing and all the capabilities of the current Apple TV.” DiClemente argues that TV programmers have no incentive to stray from their current bundles, however, which could be a big problem for Apple. Cable providers pay upwards of $30 billion each year for these bundles, and the analyst suggests there is too much money on the line for Apple to offer an innovative content model. DiClemente also notes that he doesn’t believe Apple’s HDTV will be release in 2012. More →
The world’s most valuable company is showing no signs of slowing down, and numerous industry watchers believe Apple will continue to grow despite increased competition from rivals like Samsung. Topeka Capital Markets, new home to analyst Brian White, on Monday initiated coverage of Apple with a Buy rating and a sky-high $1,001 price target. “Driven by an ever expanding portfolio of innovative products, a growing integrated digital grid, unmatched aesthetics and a brand that is able to touch the soul of consumers of all backgrounds, Apple fever is spreading like a wildfire around the world and we see no end in sight to this trend,” White wrote in a note to investors on Monday. Read on for more. More →
A recently-published Apple patent has revealed that the Cupertino-based company is contemplating new technology surrounding an advanced TV remote, that could work alongside its rumored “iTV”, PatentlyApple reported on Thursday. The patent suggests that Apple’s new universal remote could take a photo of a user’s current TV remote and send it to iCloud for analysis. iCloud would return a “virtual copy” of the remote along with data detailing all the remote’s features and functionality to a user’s iPhone, which will then be able to mimic the original remote’s functions. Apple’s rumored iOS-powered high-definition television, currently referred to as the iTV, will reportedly enter production in May or June ahead of a launch that may take place in the fourth quarter this year. More →
Apple’s rumored iOS-powered high-definition television will enter production in May or June ahead of a launch slated for the fourth quarter this year, one analyst claims. Jefferies & Company analyst Peter Misek met with unnamed sources during a recent trip to the East, and he now believes Apple’s “iTV” is a sure thing. “Specialty components have begun to ship to Apple’s Asia panel suppliers with polarized films, filters, and IGZO components starting to move in small quantities,” the analyst wrote in a note to investors Tuesday morning. “We expect commercial production in May/ June with 2M to 5M builds likely. We still expect a CQ4 launch.” Apple’s HDTV has been rumored for quite some time, and it is expected to feature unique voice controls powered by Siri. Apple’s is also reportedly working on a subscription offering that will treat TV channels like apps and allow users to subscribe to individual channels or bundles of channels a la carte.
Apple CEO Steve Jobs approached CBS approximately one year ago in an attempt to secure a content deal for a streaming television service that was in development at the time. CBS chief executive Leslie Moonves publicly spoke of the negotiations once before during an earnings call late last year, and now he is quoted again after having reportedly discussed the matter on stage during a presentation at the UCLA Entertainment Symposium. ”I told Steve, ‘You know more than me about 99 percent of things but I know more about the television business,’ ” Moonves said according to Hollywood Reporter. Moonves said he denied Jobs access to CBS content for the service out of fear it might disrupt CBS’s existing revenue streams. Apple is reportedly still working on a unique streaming TV service that it intends to launch alongside an Apple-branded HDTV later this year. Some reports suggest the service may treat channels like apps, allowing users to subscribe to individual channels or groups of channels a la carte. More →
Apple has plans to launch a subscription television service by Christmas this year, according to a recent report from the New York Post. The paper states that Apple wants the service to treat channels like apps, allowing the user to purchase subscriptions for either individual channels or groups of channels a la carte. Apple has long been rumored to be pitching the service to top media executives, but according to the Post, the negotiations are not going well. Eddie Cue is reportedly leading the talks and content providers have seemingly not been partial to his propositions. Apple’s pitch can be summed up as “we decide the price, we decide what content,” one of the Post’s sources said. “They want everything for nothing,” said another. Apple apparently plans to launch some form of its TV service by the end of the year with or without full cooperation from the networks, and the service is expected to be available on Apple TV as well as the new iOS-powered HDTV Apple will reportedly launch later this year. More →
Apple reportedly plans to launch a new Apple TV next month that will feature a faster processor along with other enhancements. Apple watcher 9to5Mac on Tuesday reported that the Cupertino, California-based technology giant plans to refresh its Apple TV offering in March alongside the iPad 3. To be clear, this is not the HDTV Apple is rumored to be working on, but rather the somewhat popular iOS-powered set-top box. 9to5Mac’s source says the new Apple TV will be powered by a faster dual-core processor, perhaps the “Apple A5x” that has been rumored recently, and it will feature better video playback performance as well. Earlier rumors suggested that Apple’s new Apple TV might also feature Siri voice command integration, a Bluetooth 4.0 remote and support for Apple’s rumored upcoming 1080p iTunes content, but none of these rumors have been confirmed. More →
Samsung was the No.1 flat panel TV vendor in 2011 and despite a seemingly imminent threat from Apple, the company is not concerned much about the “iTV.” While speaking with Pocket-lint, Samsung’s AV product manager Chris Moseley explained that TV sales are driven for the most part by picture quality and in that respect, Samsung can’t be touched. ”We’ve not seen what they’ve done but what we can say is that they don’t have 10,000 people in R&D in the vision category,” Moseley said. “They don’t have the best scaling engine in the world and they don’t have world renowned picture quality that has been awarded more than anyone else.” Read on for more. More →
Apple hasn’t even announced the HDTV that has been rumored for months, but it is already the most talked-about television in the world. While the constant chatter is certainly building hype surrounding Apple’s first foray into the space, it also reportedly has the Cupertino-based technology giant in a bit of hot water. British television network ITV has apparently sent a strongly worded letter to Apple advising the company not to use the “iTV” moniker for its upcoming HDTV, The Telegraph reports. Apple first unveiled its Apple TV product under the iTV name, however it was later changed in order to skirt a potential lawsuit. Apple is reportedly preparing to launch its first television this summer featuring iOS as well as Apple’s voice-powered Siri technology. A number of sources have referred to the set as “iTV,” though it is unclear if Apple intends to launch the device with that name.