Research Group: Apple television coming, but not until 2013

Summary:An Asian research group claims that the Apple television hardware will be a "2013 event," despite most analysts claiming that it will arrive in calendar 2012.

Research Group: Apple Television coming, but not until 2013 - Jason O'Grady
Despite the fact that most analysts (including Piper's Gene Munster) report that Apple will release an Apple-branded television (not "TV") in 2012, an Asian research group claims that it will be a "2013 event:"

We continue to view Apple TV hardware as a 2013 event. The timing of Hon Hai/Foxconn's equity stake and partnership with Sharp along with Hon Hai Chairman Terry Gou's separate 46.5% investment in Sharp's Sakai City plant lends further credibility that Apple TV is in the works.

Asia’s longest-running independent brokerage and investment group CLSA argues that it will come later, rather than sooner -- which has been the conventional wisdom.

In August 2011 Reuters Tokyo reported that Apple may invest around 100 billion yen ($1.3 billion) to upgrade a Sharp LCD plant. It is rumored that Sharp will be providing the panels for Apple's television.

CLSA considers the deals as "an effort to improve Sharp's financial position before becoming a more meaningful supplier to Apple." CLSA also claims that Foxconn parent Hon Hai's decision to invest in Sharp lends credence to rumors that an Apple-branded television is coming.

Tip: SeekingAlpha.com (via: BusinessInsider.com) Illustration: Ellis Hamburger

Topics: Apple, Hardware, Mobility

About

Jason D. O'Grady developed an affinity for Apple computers after using the original Lisa, and this affinity turned into a bona-fide obsession when he got the original 128 KB Macintosh in 1984. He started writing one of the first Web sites about Apple (O'Grady's PowerPage) in 1995 and is considered to be one of the fathers of blogging.... Full Bio

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