Gene Munster still believes that Apple will be making a television set. Munster believes that when Tim Cook mentioned that they made a long term deal with a supplier it was for display panels as well but says it’s also for a future Apple television. Munster stated:
For over a year, we have believed that Apple will enter the television market by the end of CY12 at the earliest. While Apple’s commitment to the living room remains a “hobby,” we continue to believe the company will enter the TV market with a full focus, as an all-in-one Apple television could move the needle when connected TVs proliferate. We estimate that of the 220m flat panel TVs sold in 2012, 48% or 106m units will be internet-connected, of which Apple could sell 1.4m units. We believe an Apple television could add $2.5b or 2% to revenue in CY12, $4.0b in CY13 and $6.0b in CY14. Recent developments in Apple’s strategy, including the component deal we believe could secure up to 50? LCD displays, bolster our confidence that the company remains serious about the connected living room.
Take this with a large grain of salt as always.
No comments:
Post a Comment