Amazon and Best Buy are both offering the Apple TV for $89.99, $10 lower than Apple’s standard retail price, which suggests that the Cupertino-based company could be brewing up a refresh for the popular home entertainment box. In addition, Amazon has added a “2010” label next to the gadget, indicating that a 2011 model is on the way (or that it is simply distinguishing it from the earlier version). In May, a rumor surfaced that suggested Apple was building a new Apple TV that will support full 1080p video output, iCloud, 16GB of storage and a new A5 processor. It is unclear when Apple might unveil the new unit, but it would certainly make sense for it to hit store shelves in time for the holidays. In any case, this rumor should not be confused with other speculation that Apple is hard at work developing a Siri-enabled television set. More →
All eyes have been on Apple to reinvent the television set, but Sony CEO Howard Stringer recently confirmed that Sony, too, is working on re-imagining the TV. “There’s a tremendous amount of R&D going into a different kind of TV set,” Stringer said during a breakfast hosted recently by The Wall Street Journal. “We can’t continue selling TV sets [as we currently do]. Every TV set we all make loses money.” Stringer said that he has “no doubt” that Steve Jobs had intentions of designing a brand-new kind of television but said that “it will take a long time to transition to a new form of television.” Read on for more. More →
Sony announced on Monday that it will split its television business into three different branches in an effort to reverse a course that has the arm headed to its eighth consecutive annual loss. The three new branches include LCD TVs, next generation TVs and outsourced televisions, Reuters said on Monday, and the changes will go into effect on Tuesday, November 1st. “By dividing into three divisions, we will make clearer the misson and responsibilities of these,” a Sony spokesperson said. Additionally, Sony is said to be in talks to sell its 50% stake in S-LCD to Samsung, its partner in the joint venture. More →
Apple has been planning to redesign the television since 2007 and when it finally launches the new set, it will replace the age-old remote control with Siri voice commands, The New York Times reported on Thursday. A recent quote from Steve Jobs’s biography — “I finally cracked it” — began circulating recently and, for many, it seemed to solidify rumors that Apple was going to enter the television market. The New York Times believes that quote was actually in reference to Jobs’s realization that Siri could be used to control a TV much better than a remote or a combination of a mouse and keyboard. You might be able to say “Play Arrested Development,” or “turn on the weather” from the comfort of your couch, for example. “Absolutely, it is a guaranteed product for Apple,” one source told the The New York Times. “Steve thinks the industry is totally broken.” Apple is reportedly waiting for the price of displays to fall before it introduces the product to consumers, but an official announcement could come as soon as late-2012. More →
Reports have suggested for more than a year that Apple is working on a smart TV product, and those reports were firmed up last week when an excerpt from Steve Jobs’s biography revealed that the Apple co-Founder was indeed working on an Apple television. “I’d like to create an integrated television set that is completely easy to use,” Jobs said according to biographer Walter Isaacson. “It would be seamlessly synced with all of your devices and with iCloud. It will have the simplest user interface you could imagine. I finally cracked it.” In a note to investors on Monday, Ticonderoga Securities analyst Brian White said that the upcoming introduction of a smart TV represents a $100 billion revenue opportunity for the Cupertino, California-based consumer electronics giant. Read on for more. More →
Steve Jobs’s biography, written by Walter Isaacson and due on store shelves on Monday, has a passage that suggests Apple has a TV up its sleeves. The Washington Post published a small excerpt on Friday that reveals a conversation Jobs had with Isaacson in which he says he has already created a product that could change the television industry much like the iPhone changed the mobile landscape and the iPod re-sculpted the music industry. “He very much wanted to do for television sets what he had done for computers, music players, and phones: make them simple and elegant,” Isaacson said in the book. Here’s an excerpt:
“I’d like to create an integrated television set that is completely easy to use,” he told me. “It would be seamlessly synced with all of your devices and with iCloud.” No longer would users have to fiddle with complex remotes for DVD players and cable channels. “It will have the simplest user interface you could imagine. I finally cracked it.”
Rumors that Apple has plans to enter the TV market have swirled for years now. In March, Morgan Stanley analyst Katy Huberty said checks in Asia suggested that Apple was already working on a smart TV. Earlier this summer, another rumor started by a former Apple employee said customers will soon be able to walk into an Apple Store and leave with an Apple-branded TV. More →
Amid the flurry of news reports about Steve Jobs’s departure as CEO of Apple was one hidden gem: Apple is reportedly working on a new way to deliver video content to televisions. The Wall Street Journal noted that Tim Cook, who has stepped up as the new CEO of Apple, will need to work on boosting Apple’s presence in the digital video market. “Apple is working on a new technology to deliver video to televisions, and has been discussing whether to launch a subscription TV service,” the report said. It is still unclear what Apple’s new technology is, but in July we saw a unique patent for sharing media across iOS devices, which could very well be used with an Apple TV product. In addition, there have been rumors that Apple has considered purchasing the online streaming service Hulu, which could certainly help it kick-start a subscription TV platform.
Flipboard, the company behind the popular like-named social magazine application for the iPad, plans to add TV shows, books and movie content, Reuters reported on Thursday. The company’s app has been downloaded more than 3 million times, and it offers articles from several popular magazines including Rolling Stone and National Geographic. Users can view articles alongside customized news and social network feeds, too. Flipboard CEO Mike McCue told Reuters that he hopes to add TV shows and movies by the end of the year but has not discussed who his company is teaming up with to deliver the content just yet. It is also still unclear when McCue will add books to the app. A version of the software for the iPhone and iPod touch will be launching in the coming weeks and we’re excited to see how it performs on the iPhone’s smaller screen. More →
Apple’s upcoming “iTunes Replay” service is indeed in the works, but the company has yet to sign “cloud agreements” with at least four of the top-six film studios in Hollywood that are necessary in order to launch the service, CNET News reports. As such, the site calls earlier reports that suggested an imminent launch premature. Apple is reportedly working on a service that will allow iTunes users to stream and re-download movies purchased through iTunes. Such a service would require Apple to sign new licensing agreements with motion picture studios in order to secure the appropriate rights that would allow Apple to serve content from the cloud and to multiple devices. According to CNET News, negotiations for these rights could “drag on for months.” The report also mentions a possible hurdle for Apple: HBO. HBO has agreements in place that grant it exclusive digital distribution rights to new movies from three of the six major film studios — 20th Century Fox, Universal and Warner Bros. — for a certain period of time. HBO’s deals have caused problems for streaming services in the past, and it looks like Apple could be the latest victim. More →
Apple is preparing to launch a new service that will allow iTunes users to re-download previously purchased music, movies and TV shows for free, AppAdvice reports. The service may also support some streaming functionality according to the report, though such functionality may be limited. In the past, iTunes users who lose content from their libraries were forced to either purchase the content again or essentially beg and plead with Apple customer service until they agreed to assist with free content restoration. This ridiculous practice is now in the process of coming to an end. AppAdvice claims to have confirmed the imminent launch of the iTunes Reply service with multiple sources, and such an offering has rumored to have been in the works from Apple for quite some time. According to the report, we can expect iTunes Replay to “go public in the coming weeks.” More →
Hulu has confirmed that it is considering a third subscription option that would allow users to stream ad-free TV shows and movies for a higher monthly fee. “We’re currently an ad supported service but are looking into the option of a higher priced ad-free option,” a Hulu representative stated from an official Twitter account. Hulu made several additional comments to the same effect on Friday from its customer support Twitter account. The move would be an interesting one; Hulu dropped the price of its Hulu Plus premium subscription service to $7.99 last November, presumably due at least in part to slower than expected consumer adoption. A new pricier plan in spite of the recent price drop, that could also potentially anger network partners, is a tough pill to swallow —especially as the company looks for a buyer.
Apple issued an update to its Apple TV product on Monday that will allow users to stream purchased high-definition TV shows directly from iTunes. Specifically, Apple says the update will enable:
- iTunes TV Shows: Purchase your favorite TV shows directly from the iTunes Store, and watch the shows you already own, commercial-free in HD.
- Vimeo: Browse and play videos from Vimeo, access your video inbox, and mark videos you want to watch later.
When Apple first launched the Apple TV, it only allowed users to rent movies and shows and there was not an option to purchase titles for permanent ownership. For users in the U.S., Apple has also rolled out preliminary iCloud support with this update, allowing users to re-download some purchased television shows, though movie support is not yet available. More →
Sony reported its fiscal first quarter results on Thursday and recorded a net loss of 15.5 billion Yen ($198.7 million). The company attributed the loss to the earthquake that struck off the coast of Japan in March, as well as a “stagnate” economy in the United States and Europe. Sony’s operating profits were 27.5 billion Yen ($330 million), down from the 67.02 billion Yen ($862) it reported during the same quarter last year. Operating revenue was 1.49 trillion Yen ($19.1 billion), down 10% from the 1.66 trillion ($21.3 billion) in revenue Sony reported in the first fiscal quarter of 2011. “We think we can be profitable at the current exchange rate levels,” Sony’s chief financial officer Masaru Kato said during a recent news conference. “We had almost no negative impact from the dollar, but the euro is still an issue for us.” Kato said that “TVs are one of the only remaining issues,” for the company and noted that Sony expects to sell 22 million televisions this year, down from the original projection of 27 million units. Kato said Sony’s supply chain was hit hard by the earthquake and impacted the company’s sales during the first quarter but that the supply channels have already bounced back.