Story by Lucy Valencia, Assignment Desk Editor - email
NEW YORK (AP) — 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 a 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.
Email Alert Sign Up
Sign up here to receive breaking news stories from KSWT.com and morning updates to your email inbox.
MESA, Ariz. (AP) - Mesa police have released the identity of a 14-year-old girl whose dead body was found in a trash container and say her death was a homicide. Police say the body of Claudia Ann LuceroMore >>
Police say the body of Claudia Ann Lucero was found early Friday and that she was last seen Thursday morning at her home.More >>
PRESCOTT, Ariz. (AP) - A California family has its dog back, a year and a half after it went missing while the family was camping in western Arizona. The Daily Courier (http://bit.ly/18wyRH5 ) reportsMore >>
Meko had wandered off from the family's tent at a campground in Parker on the Fourth of July weekend in 2012, apparently taken by a man who also was in the campground.More >>
SPRINGFIELD, Vt. (AP) — Before Aaron Collins died, he gave his brother, Seth, a mission: Eat, be merry and leave a giant tip. On Wednesday night, Seth Collins of Lexington, Ky., did just that, leavingMore >>
Before Aaron Collins died, he gave his brother, Seth, a mission: Eat, be merry and leave a giant tip.More >>
EL CENTRO, CALIF. (13 On Your Side) - Officials have released some of the names of the people arrested during Wednesday's massive drug trafficking bust in Imperial Valley. But as we previously reported,More >>
Officials have released some of the names of the people arrested during Wednesday's massive drug trafficking bust in Imperial Valley.More >>
YUMA, Ariz. (13 On Your Side) - More than 30 teams showed up to Yuma Catholic's annual Rachel Determan Rib Cook-Off, ready to grill and show off their best ribs. This year, "the Chicharones" took homeMore >>
More than 30 teams showed up to Yuma Catholic's annual Rachel Determan Rib Cook-Off, ready to grill and show off their best ribs.More >>
YUMA, Ariz. (13 On Your Side) – In a massive drug sting aimed at one of the most powerful Mexican drug cartels, the Imperial Valley Narcotics Task force arrested ten drug smugglers trafficking meth andMore >>
In a massive drug sting aimed at one of the most powerful Mexican drug cartels, the Imperial Valley Narcotics Task force arrested ten drug smugglers trafficking meth and cocaine across the border from Mexicali.More >>
ALBUQUERQUE, N.M. (AP) - Jurors resumed deliberations Monday on the punishment for an Arizona inmate who kidnapped and murdered a retired Oklahoma. The federal panel is considering whether John McCluskeyMore >>
The couple crossed paths with McCluskey and fellow fugitives at a New Mexico rest stop following an Arizona prison break.More >>