“Tim Cook has big shoes to fill and he can’t do it by just pushing out snazzier versions of the iPhone or iPad,” Sinead Carew and Edwin Chan write for Reuters.
“Apple Inc’s newly minted CEO needs a revolutionary product to prove he has the chops to succeed Steve Jobs, and that may be a full-on assault on the living room by as early as 2013, analysts and industry experts say,” Carew and Chan report. “‘The TV is the obvious gap in Apple’s product line up,’ CCS Insight’s John Jackson said. ‘There’s pressure to constantly innovate, (but) there’s more than sufficient momentum at Apple right now that they don’t need to reinvent the movie screen the TV, the car or the horse and buggy in the immediate term.'”
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Carew and Chan report, “‘The Holy Grail is the living room,’ said David Rolfe at Wedgewood Partners, which devotes 9.5 percent or about $1 billion of its portfolio to Apple. ‘They would get into it, only if they can make a significantly better product than what currently exists.'”
Read more in the full article here.