Besides the new iPhone 5 Apple fanatics are looking toward a new improved Apple TV release this year. Well will the new Apple TV touch shelves in 2012? Hit the jump for the recent rumor.
Hope you weren’t counting on the new Apple TV coming out by the holidays. We’ve just heard it’s not likely.
In a live interview on CNBC’s Fast Money Halftime Report, Toni Sacconaghi, Senior Research Analyst Sanford Bernstein told us, “I don’t think a television is likely in the next 6 months.â€
That forecast comes in sharp contrast to something Gene Munster told us a few weeks ago. On May 30th Munster said a new TV could come as soon as December.
And although that may leave the Apple faithful disappointed on Christmas morning, Sacconaghi also tells us, it won’t disappoint investors holding Apple shares
“There was has been wide speculation about the television for about year but there’s no date and there never has been,†he explains. “I don’t think that will prove to be a disappointment because nobody’s looking for this on December 15th.â€
In fact, Sacconaghi says Apple is a buy at current levels.
“Apple is a great secular story – for any investor with more than a 6 month horizon the story is solid and valuations are reasonable.â€
