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Why not enjoy some Apple TV?

Apple’s coming iPhone has been grabbing all the attention, but at least one analyst thinks Apple TV could be a scene stealer for the Cupertino company, at least in the current fiscal second quarter.

According to a Bloomberg News report, Citigroup Investment Research analyst Richard Gardner believes Apple TV could bring in $500 million in revenue this year and as much as $1 billion next year. “Apple TV is obviously very important because it brings iTunes content into the living room,” he wrote in a note to clients, according to Bloomberg.

MercuryNews.com | Investors on hold for the iPhone: Why not enjoy some Apple TV?

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Apple’s coming iPhone has been grabbing all the attention, but at least one analyst thinks Apple TV could be a scene stealer for the Cupertino company, at least in the current fiscal second quarter.

According to a Bloomberg News report, Citigroup Investment Research analyst Richard Gardner believes Apple TV could bring in $500 million in revenue this year and as much as $1 billion next year. “Apple TV is obviously very important because it brings iTunes content into the living room,” he wrote in a note to clients, according to Bloomberg.

MercuryNews.com | Investors on hold for the iPhone: Why not enjoy some Apple TV?

technorati tags:,

By Jason O'Grady

Founded the PowerPage in 1995.