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Apple to Introduce iTV This Year; Will Come With Mini iTV

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Brain White, an analyst at Topeka, believes that Apple (NASDAQ: AAPL) will introduce an iTV in late-2013.

After speaking with a technology supply chain company, White believes the iTV will cost between $1,500 and $2,500.

He also expects the iTV to be 60-inches, with possible options for a 55-inch and 50-inch package.

White believes that Apple will introduce an "iRing" as the device used for navigating the iTV.

Finally, White believes that Apple will include an "mini iTV" in the package, so viewers can use the device in other rooms.

AAPL is currently up ~1.25 percent in Wednesday's session.

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