Piper Jaffray's Gene Munster Sees Apple TV as Game Changer
Piper Jaffray's Apple (NASDAQ: AAPL) analyst, Gene Munster, appeard on CNBC's Street Signs today discussing the tech giants upcoming products and the company's stock price.
Muster said that Apple TV is coming for real and it will be a game changer. He is expecting an update on the product next week and an official announcement late 2012.
According to Munster, Apple TV will benefit from the design features as well as small nuances, such as the ability to control the TV via iPad or iPhone. He also pointed out that although Samsung makes great TV's, the users do not use their features or understand their true value, which would not be the case with Apple's TV.
Lastly, Muster mentioned that Apple is likely to lower the price iPad 2, as the company is trying to go after Amazon's (NASDAQ: AMZN) Kindle Fire.
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