Wall Street Analyst: TV Market is Ripe for Apple
Hello, Apple (NASDAQ:AAPL)…television makers were supposed to ‘wow’ technophiles at the Consumer Electronics Show, but they are failing. Insert market opportunity for Apple TV!
Apple’s current stock price is largely the result of an Apple TV delay. Back when the stock was a freight train to $700, investors were gearing up for the release of a game-changing television invented by Steve Jobs. Unfortunately, Apple wasn’t able to strong-arm content owners in the same manner as they did with music. As a result, the project has fallen behind investors expectations for delivery.
However, no shortage of journalism from CES confirms the TV space is still ripe for Apple’s entry. Wall Street analysts…