“Apple’s newly announced confidential deal with Rovi Corporation has been viewed by one prominent Wall Street analyst as more evidence of a connected HDTV, with live TV and DVR functionality, in the company’s future,” AppleInsider reports.
“Analyst Gene Munster with Piper Jaffray believes that the secretive deal announced Monday is evidence of a forthcoming HDTV from Apple,” AppleInsider reports. “Rovi is the creator of an interactive program guide that has been licensed by cable and satellite operators, as well as set-top box makers.”
AppleInsider reports, “‘We believe this announcement is further evidence that Apple is developing live TV and DVR features for its Apple TV product, and will likely launch and all-in-one Apple Television in the next 2-4 years,’ Munster wrote in a note to investors. ‘Following its deal with Rovi, Apple would be clear to add live TV, DVR and guidance features to its Apple TV product, which we believe is a critical step towards an all-in-one Apple Television.'”
Read more in the full article here.