Report No Apple Tv This Year

Subscribe to Steve Jobs alerts

Remember all those rumors earlier this year about how Apple was about to begin producing a "smart" TV set based on a Eureka! moment that the late Steve Jobs experienced? It's not going to happen, at least not this year, Bloomberg News reported on Wednesday. Apple, it suggested, was being stymied in its plans to introduce the set by powerful cable operators who see Apple's device as a threat to their own revenue stream. Sanford Bernstein analyst Craig Moffet told Bloomberg that the earlier rumors ignored "the business realities that make this such a complicated industry." Bloomberg suggested that Apple is confronting many of the same issues that TiVo has had to grapple with -- in particular, who is going to control the software that determines the screen interface. In Apple's case, it would like the unit to operate hand in glove with its other products, like the iPhone, the iPad, and the iPod Touch. Walter Price of RCM Capital Management, which owns $1.9 billion in Apple shares, told Bloomberg that he had discussed the Apple TV product with executives of the company. "It's a tough problem," he said, "because the cable companies and media companies are not very enthusiastic about the prospect of Apple creating a better user interface."



Tags: Steve Jobs - Bloomberg

Subscribe to Steve Jobs alerts

More Steve Jobs

Sony Reportedly Pull Out Of Steve Jobs Biopic, Unviersal Show Interest

The upcoming movie about the the co-founder of Apple, Steve Jobs, is expected to be one of the most anticipated biopics in recent memory, but...

Steve Jobs Movie in Turmoil as Sony Pulls Out, Universal on the Prowl

Six months ago, the Jobs movie looked a certain Oscar winner. Written by The West Wing's Aaron Sorkin, it was set to have David Fincher...

Seth Rogen to Play Steve Wozniak in Danny Boyle's 'Jobs' Movie?

Seth Rogen is the first-choice to play Apple co-founder Steve Wozniak in Aaron Sorkin and Danny Boyle's Steve Jobs movie. Jessica Chastain is also being...

Apple CEO Tim Cook, "Being Gay is My Gift from God"

Apple chief executive Tim Cook has publically acknowledged his sexuality, saying that he is "proud to be gay" and that being gay is "one of...


Aaron Sorkin Confirms Bale for 'Jobs' Movie, "We Needed The Best Actor"

Screenwriter Aaron Sorkin has confirmed that Oscar-winner Christian Bale will play Steve Jobs in a forthcoming biopic. Sorkin is working on an adaptation of Walter...

Christian Bale to Play Steve Jobs after Leonardo DiCaprio Passes

Christian Bale will play the late Apple founder Steve Jobs in Sony's forthcoming biopic, sources confirm. The project boasts a huge pedigree with Danny Boyle...

David Fincher Leaves Steve Jobs Movie After 'Ridiculous' Wage Demands

Oscar-winning filmmaker David Fincher has walked out on Aaron Sorkin's biopic of late Apple founder Steve Jobs after Sony Pictures turned down his "aggressive" demands...

Hey UK, You Can Now Rip CDs and DVDs Without Going to Prison

Ripping CDs and DVDs for personal use is to be legalised in the UK as part of new government legislation to update copyright law for...



Steve Jobs Newsletter

Subscribe to this news alert service to receive news and reviews on Steve Jobs

Unsubscribe | Unsubscribe All