“Liberty Global Plc Chief Executive Officer Mike Fries, who runs one of the world’s biggest cable companies, said he doesn’t expect Apple Inc. to sell its own television, disputing speculation among analysts,” Alex Sherman and Adam Satariano report for Bloomberg News.
“‘I don’t think Apple is going to build a TV,’ Fries said today at an investment conference in New York,” Sherman and Satariano report. “Apple instead is talking to U.S. cable providers about revamping the interface for pay-TV services, he said.”
“Analysts such as Gene Munster of Piper Jaffray Cos. and Brian White of Cantor Fitzgerald have predicted Apple will release a television set, vaulting the company into a new market,” Sherman and Satariano report. “Apple has been negotiating with Time Warner Cable Inc. to give subscribers of the cable service access to their channels via Apple TV, people familiar with the talks have said.”
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