Wednesday, November 21, 2012

Apple Inc. (NASDAQ:AAPL) Television Likely to Debut in 2013 With 3 Core Products

Apple Inc.(NASDAQ:AAPL) always does it big and how! Gene Munster of Piper Jaffray has predicted that the company is all set to pull off not one, but three major product unveilings in 2013, including the launch of a full-fledged television set. Munster summed up his estimates in a note to investors on Tuesday, to ebb some concern about Apple’s upcoming products.

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The television set is expected to be unveiled in time for the holiday shopping season of 2013, and will cost around $1,500 for a 42-inch model and $2,000 for a 55-inch one. The USP of the television set will be the ability to use the TV as the main interface for the living room across multiple devices, which is expected to have Siri and FaceTime too. However, unbundled channels are unlikely to come with the TV.

However, Apple will host an event around March 2013, to unveil a new radio service to take on Pandora. The company is in the midst of discussion with content providers for creating a streaming radio service. Munster adds that early 2013 will most likely see an iPad mini with a high-resolution Retina display.

Users can expect an updated Apple TV set-top box within the same time frame and the streaming device, priced at $99 can be upgraded to have a TV app store. The 3rd product will come in September, which will be the next iPhone, touted as “iPhone 5S” with a better camera, faster processor, and more RAM. A brand new full-size iPad will be introduced that will have a revamped exterior like the iPad mini and iPhone 5.

According to Munster, Apple will most likely preview the next versions of its Mac OS X and iOS operating systems at the Worldwide Developers Conference in June 2013. The iOS 7, expected to have additional wallet features for Passbook, commerce integration for Siri, and an upgraded mapping tool, will be designer Jony Ive’s brainchild, who is in charge of Apple's Human Interface team since October. A Retina display option will be incorporated with MacBook Airs.

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