“Apple CEO Steve Jobs may be looking to take one last victory lap — around the living room,” Garett Sloane reports for The New York Post. “One Wall Street analyst believes Jobs is working on a “final hurrah” before retirement: a plan to transform the TV set just as he revolutionized computers, mobile phones and music players.”
“Jefferies analyst Peter Misek said Apple will launch another ‘assault on the living room’ in the form of a cloud-based video service along the lines of Netflix,” Sloane reports. “Such an offering would go well beyond Apple TV, a Web-enabled device with limited capabilities and content that hasn’t caught on with consumers.”
Sloane reports, “Misek also said in his report that TV content providers suing cable companies and others over the rights to stream their shows to iPads is proof they want to deal directly with Apple.
Negotiations with content owners could take a while, which is why Apple won’t roll out its service until 2012 or 2013, Misek said.
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