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Apple iTV probably launching next year

by Michael Arsenault on Thursday, October 27, 2011 , under

Steve Jobs believed he'd "cracked the code" on how to build a TV as well as Apple makes phones.

Apple is likely to launch its own range of televisions next year or in early 2013, according to Gene Munster, managing director and senior research analyst at Piper Jaffray.

Munster, who's billed by Business Insider as the most widely trusted Apple analyst in the industry, says Steve Jobs revealed in Walter Isaacson's newly released biography that he finally "cracked the code" on how to build a TV as well as Apple makes phones.

"Our thesis is based on meetings with contacts close to Asian component suppliers, industry contacts, Apple's patent portfolio for television technology, and recent product launched (iCloud, Siri)," Munster said.

"Based on Jan-11 meetings in Asia (not with component suppliers), we believe Apple is investing in manufacturing facilities and securing supply for LCD displays. These displays could range from 3.5" mobile displays to 50" television displays.
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