Jefferies: 'We Believe the iTV is in Full Production'
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Posted August 17, 2012 at 4:24pm by iClarified
In an investor note this morning, Jefferies analyst Peter Misek says he believes the Apple Television is in full production, reports BusinessInsider.
Here's the note:
We believe the iTV is in full production. Recent data out of Sharp, Hon Hai, and other specialty chemical and TV component suppliers support this. Also, JDSU noted that they have a new non-gaming customer for its gesture control modules. They indicated this is a new "living room" based customer. We believe Apple will leverage AT&T's and Verizon's content deals for the iTV. Additionally, the WSJ's sources indicate Apple may also consider a set-top box version for the cable operators.
The WSJ recently reported that Apple had approached cable networks about aset-top box that could start shows after they'd already started.
I said before that network CEOs really should get a crash course in broadcast push technology in order to increase their profits. By holding out on Apple in licensing proves that now they lose direct Influence over some key technologies in their field. Eventually in the near future, content producers will go directly to those who can push the shows more effectively.