After meeting with Apple execs, analyst says Apple television extremely unlikely in the near-term

“It’s hard to know what to make of the signals coming out of the meetings with individual analysts Apple’s executive staff has been holding lately,” Philip Elmer-DeWitt reports for Fortune.

“SEC rules prohibit the company from sharing insider information that might have a material affect on the value of the company’s stock,” P.E.D. reports. “Yet analysts often publish notes to clients implying that Apple has done just that.”

P.E.D. reports, “Case in point: A ‘company update’ issued Friday by Pacific Crest’s Andy Hargreaves. Among the key takeaways from his meeting Wednesday with CFO Peter Oppenheimer and Eddy Cue, senior VP for Internet services and software, was this message about the prospects of Apple making a ‘more significant move into TV distribution’: ‘An Apple Television Appears Extremely Unlikely in the Near-term.'”

Read more in the full article here.

[Attribution: AppleInsider. Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]

14 Comments

  1. I can live with no TV. Now if the rumors would get back to those supposed iMacs that were to arrive in 2012 and Mac Pros in 2013. Let’s put the word ‘computer’ back in Apple!

        1. To paraphrase Brutus (and I hope that I am wrong), It seems that Apple is, by it’s inactivity, saying, “I have not come to praise iMac, but to bury him.”

      1. I’m still waiting for the promised 3GHz G5’s … Considering the Intel Xeon are only getting to 3.06 GHz at 6 cores and 4 cores are only sightly better at 3.22 GHz…. I wonder how bad ass a 12 core G5 would be right about now.

    1. Although, perhaps we should really expand our idea of where computers are, what they do and how they look and operate. It may be that a computer that is my TV interface is a great way to manage the data that comes through my television, then a Apple TV is still a computer, albeit focused on harnessing one very large set of data.

  2. Watching TV is the most stupid thing one can do, total waste of time. Apple does not produce stuff for idiots, I assume.

    One thing is so much better: select HD videos from iTunes to watch on the retina MacBook Pro. That’s the real thing. What a great computer, especially under Mountain Lion. Scrolling is so much improved. I don’t need a TV anymore at all.

      1. You can’t read very well, can you? “One thing is so much better: select HD videos from iTunes to watch on the retina MacBook Pro.” So no television, as I said.

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