Apple’s Been Buying Up Display Panels To Launch The iTV In 2012 [Report]

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Piper Jaffray analyst Gene Munster has had an idée fixe about Apple’s so-called iTV for so long that before Steve Jobs said he’d “cracked” the television problem, we actually thought he seemed a bit ridiculous.

In 2012, though, it’s increasingly looking like Munster is right and Apple is planning an entry into the HDTV market. In fact, according to Munster’s own sources, Apple has been contacting major TV component suppliers about securing display panels for the iTV, which he believes will launch by late 2012.