Components for Apple Television Set Reportedly 'Starting to Move in
Small Quantities'
last month, piper jaffray analyst gene munster, has long been proponent of apple television set, reported apple investigating components such product, contacting suppliers learn capabilities of various offerings.
as shared business insider, new report jefferies & co. analyst peter misek claims things have moved step further, recent visit asia yielding reports of "small quantities" of various components being shipped apple's television display panel partners. misek expects commercial production of apple television set begin in may or june, launch coming sometime in fourth quarter of year.
despite resistance content providers, apple has been rumored pressing ahead develop subscription tv service launch end of year, in line predictions launch of television set itself.
in report today, misek has raised price target apple's stock $599 $699, boosting iphone sales prediction current quarter on 5 million 33.2 million units.
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