Apple has always had this thing for acqui-hiring established companies for their future products and patents, rather than starting things from scratch. They did it with Siri and countless others till the recent taking over of flash storage maker Anobit in Israel.
At the AllThingsD D11 Conference held in southern California on Tuesday, Apple’s CEO Tim Cook revealed that the company had sold more than 13 million Apple TVs, and about half the number were sold in the past year. This numbers are actually amazing, especially for a product that Apple has put little marketing effort into.
Digitimes, a site that has a hit-or-miss track record when it comes to Apple rumors, reports that Apple is continuing to develop a TV that is likely to sport an Ultra HD 4K display (3840 x 2160). According to the sources, a standalone Apple TV set could launch by the end of this year, but it is more likely that Apple decides to unveil it in early 2014.
There is an ever growing number of people eagerly awaiting the news of an Apple HDTV release. The Apple TV set, we believe, is the product that Apple is working on to help them in the process of taking over the worlds living rooms. Though there are many who doubt that Apple will ever make this leap, Apple fans, and investors alike, are following this story with great interest. Thanks to the folks over at CNN NEWS, we were able to get some information found in a note to clients, Morgan Stanley’s Katy Huberty, issued Tuesday about what she calls “iTV.” Note the difference between an iTV (a TV set) and an Apple TV (current set-top box).