Apple world’s most valuable company. Its next trick? TV

“When I spoke with Sonos Chief Executive John MacFarlane last April, he had a simple observation about Apple,” Brian Caulfield blogs for Forbes. “The bigger Apple gets, the bigger it needs to get.”

“And right now, Apple’s as big as it gets, surpassing oil giant Exxon Mobil Tuesday to become the world’s most valuable company,” Caulfield writes.

MacDailyNews Note: Exxon Mobil retook the lead before the markets closed today. Apple’s market cap stands at $346.74 billion, Exxon’s is $352.90 billion.

Caulfield writes, “Like Apple, MacFarlane’s company builds boxes — in his case networked home stereo systems — so he knows the terrain. His theory: Apple will have to attack the $100 billion television business next.”

Read more in the full article here.
 

Related articles:
Apple overtakes Exxon Mobil as world’s most valuable company – August 9, 2011
Analyst: Apple expected to launch 3 HDTV models by March 2012 – August 1, 2011

63 Comments

  1. At some stage tv, the internet, telecommunications, digital entertainment and to a lesser extent general computing will all come together. The only reason they aren’t now is because they all come from different origins. Of course Apple is heavily involved with how that will happen so while the text of these rumours may be bs the core concept is absolutely correct no one can doubt that surely.

    Apple has created the tablet as a direct indication of this movement it is at present predominantly an entertainment device (it had to be) but can anyone doubt that increasingly it will become the prime mobile method of computing in time. At which point it becomes the very device we are talking about. It is inevitable that the home will go the same way and inevitable that Apple will present a solution to that even if they have yet to conclude what that will be. And only a fool will say that won’t include a tv in some form. That said broadcast tv itself will decline rapidly over the gestation period of such products and again Apple will be at the heart of that too.

  2. What ever apple do Apple TV can never be as big as iPhone or iPad if it does not cater to the Asian market .

    As such this article and if the product comes out is a resounding ” meh “

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