After months of steady growth, Apple stock hit an all-time high of $705.07 in late September, and it seemed there was no sign of stopping it from breaking through the $1,000 barrier and making Apple the world’s first trillion dollar company. Take a look at the market today, however, and it paints a very different picture.
Apple stock fell a whopping 25% in November, and on Friday, it hit a ten-month low. Today, shares dipped below the $400 mark. This is despite the recent launch of the iPhone 5 and the iPad mini, both of which appear to be selling incredible well. Can the Cupertino company put an end to this nasty slide? Analysts don’t think so.
Apple has begun testing high-resolution television set designs with manufacturing partners in Asia, according to a new report from The Wall Street Journal that cites unnamed sources within Foxconn. Both Foxconn and display manufacturer Sharp are said to be involved in the process, which is still in its early stages.
Still fantasizing about replacing your aging plasma with a new Apple television? According to recent speculation, the Cupertino company is going to announce the revolutionary new set any day now. But according to former Apple executive and current Apple watcher Jean-Louis Gassee, we’re kidding ourselves.
Gassee says that the rumors surrounding the device are nothing but an ”enduring fantasy,” and that the only thing Apple will release that’s close to a television is a new Apple TV set-top box.
On Thursday, Jefferies analyst James Kisner revealed that the much-anticipated Apple television, the product we’ve been talking about for well over a year, is almost ready to make its big debut. In fact, Kisner said its launch was “imminent.”
According to sources for AllThingsD, however, it’s not quite as close as Kisner would have you believe. While Apple has indeed held talks with a number of large cable companies, it seems it hasn’t yet spoken to TV programmers. With that in mind, it seems the Apple television is some way off just yet.
Until Apple can get the cable companies to play ball, its TV set will remain a rumor.
While we’re almost certain Apple is working on its own television set, when it will launch is a complete mystery. Initially it seemed the set could make its debut before the end of 2012, and then reports pushed the release date back until 2013. Now according to a new analyst report, it’s unlikely won’t be adding an Apple HDTV to your credit card bill any time soon.
Why? Apple’s senior vice president of internet software and services Eddy Cue has reportedly indicated to analysts that there’s still a lot of work to be done with content providers.
Even with the iPad eating away at the time we spend in front of the bigger screens — in my case, the iPad is my screen of choice when watching Netflixed TV shows — cable subscriptions still have a ton of appeal. Want to watch the Olympics live on your iPad via the official NBC app? You’ll need a cable subscription; and then there are all the recent great cable shows: Walking Dead, Breaking Bad, etc.
But you’ll need a guide to sort through the mire, and that’s where the i.TV app and your trusty iPad or iPhone comes in.
The iTunes Store extends its reach across Asia today.
Just days after opening the App Store to 32 additional countries, Apple released a press release this morning to announce that the iTunes Store is also extending its reach to another nine countries in Asia today, including Hong Kong, Singapore, and Taiwan.
On the left, a ticket in iOS 6’s new app, Passport. On the right, the horrific plane crash from Lost. Both are the same flight.
Watching the new WWDC 2012 developer video “Introducing Passbook, Part 1,” we couldn’t help but notice that about three minutes in, one of the example passes Apple uses to show off Passbook’s functionality is for a ticket on Oceanic Flight 815 from Sydney to Los Angeles.
If that fictional airline sounds familiar, it should: that’s the same airline and flight as the one which kicks off the events in the hit ABC television series, Lost.
Using that ticket in real life would see you stranded on a mysterious, time-shifting tropical island in the middle of nowhere, where you would have to wrestle with rampaging polar bears, sexy ladies, malevolent insect swarms and an enragingly stupid sixth season that basically boils all of the mysteries down to “a wizard did it.”
Study finds users don't like clunky smart TV interfaces or TV apps
An Apple HDTV won’t be the first Internet-enabled television on the market. The market for so-called smart televisions has actually gotten pretty crowded over the past couple of years with products based around the Smart TV concepts of Samsung and LG as well as companies that offer televisions with GoogleTV.
Apple’s edge over the existing smart and connected television options is the company’s focus on creating a seamless and intuitive user experience. Based on a recent study, if Apple can deliver an interface half as good as expected, the company will make a killing in the HDTV market.
Apple's HDTV could be a huge windfall for the company
There’s no shortage to information out there about Apple’s HDTV plans, but most of it focuses on specs, designs, and user interface (including coverage from our source who has seen one). With the device being a near certainly, other questions are being raised. Will it be an instant hit? How different will the experience be compared to the existing Apple TV set-top box? How much revenue could it net for Apple?
According to calculations by Morgan Stanley analyst Katy Huberty, an Apple HDTV would be a huge windfall for Apple. She sees it as likely to double the money that U.S. households spend annually on Apple products within three years.