Market Overview

Report: New Apple TV May Be Coming In June

Related AAPL
The 4 Most Important Ways To Evaluate A Stock
Munster: Even If China Levies Taxes On iPhones, Your Cost Will Likely Stay The Same
Starbucks: 2.7% Yield And 20% Dividend Growth (Seeking Alpha)

Apple Inc. (NASDAQ: AAPL) may introduce a new Apple TV device in June, according to sources speaking to BuzzFeed.

According to the report, the new Apple TV will be significantly overhauled and "undergird Apple's vision of what the TV viewing experience should be, and to raise the table stakes in a set-top box market cluttered with barely differentiated devices from Amazon, Roku, and others."

The report speculates that the device may run on the A8 system-on-chip with a large amount of internal storage. Siri could also be implemented to provide voice control along with a new remote control.

It was also suggested that the Apple TV's recently reduced price of $69 will be increased for the new model.

John Paczkowski at BuzzFeed summed up the report by noting that "the debut of a next-generation set-top box is a tacit acknowledgment that the device, which it long described as a hobby, is quite a bit more than that — a growth business. And now, with an internet TV service that seems likely to actually see the light of day, the company could be poised to push it to the next level."

Apple closed at $125.90 Friday, down 1.25 percent.

Posted-In: BuzzFeed John PaczkowskiNews Rumors Tech


Related Articles (AAPL)

View Comments and Join the Discussion!