“It’s hard to believe that we’ve been talking about Apple getting into the TV business for five long years now,” Steve Tobak reports for FOXBusiness. “That’s an eternity by today’s hyper-paced tech standards.”
“For the record, I’m not talking about Apple TV – the pseudo-product Tim Cook occasionally refers to as a ‘hobby’ – I’m talking about a fully integrated living room game-changer like we’re accustomed to seeing from the company,” Tobak reports. “While [Piper Jaffray analyst Gene Munster] put out a note admitting he’d been wrong all these years, [Apple investor Carl Icahn] refuses to back down. In an on-air interview yesterday, he first sounded uncharacteristically flummoxed but finally doubled down, saying, ‘I’m not backtracking in any way. I believe they will do a TV.'”
Tobak writes, “With all due respect to Icahn, the writing’s been on the wall for some time now that an all-in-one TV product is off the table and I, for one, am thankful that the Wall Street Journal finally cleared up the confusion for all of us, except of course Icahn.”