Is This the Next Step in Apple’s TV Plans?

Apple (NASDAQ:AAPL) is working with component suppliers in Asia on testing designs for a large-screen, high-resolution television set, the company’s supply sources told The Wall Street Journal. Testing has been continuing for a few years on several prototypes, the report added.

What is the New Apple TV Buzz?

According to the report, Apple’s most recent efforts have focused on a collaborative effort with Sharp. Word that Apple has TV prototypes ready has been circulating for a while. However, Sharp recently entered into a partnership with Apple’s main manufacturing partner, Hon Hai Precision Industry, so its work with the iPhone maker possibly suggests the TV product’s proximity to the production stage. Hon Hai, or Foxconn, has made an investment in Sharp’s Sakai LCD plant and Apple is also said to have invested in the Japanese electronics maker.

Our 20-page proprietary analysis of Apple’s stock is ready. Click here to get your Cheat Sheet report now.

While the report noted that Apple usually tests products internally before beginning work with outside suppliers, the sources warned that the current stage was early as well…