“Apple’s (AAPL) rumored television, known in tech circles as the iTV or iPanel, is likely to range in screen sizes from 42 to 55 inches and cost $1,500 to $2,000, Piper Jaffray analyst Gene Munster said Friday,” Patrick Seitz reports for Investor’s Business Daily.
“A longtime Apple bull, Munster has predicted that the stock will hit 1,000 within two years, according to Fortune. In afternoon trading Friday, Apple shares were down a fraction, near 561.30,” Seitz reports. “”
Seitz reports, “But others aren’t so sure Apple will come out with an iTV. Forrester Research analyst James McQuivey says Apple would be foolish to come out with just another TV display, no matter how elegant.”
Read more in the full article here.
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