Monday, August 29, 2011

Apple's Future After Jobs Retires

Apple (AAPL) has conquered the multimedia device market with the iPod, the smartphone market with the iPhone, and the tablet PC market with the iPad. It has not, however, entered one of the largest consumer electronics businesses -- TV. That may be about to change. VentureBeat writes "Apple is almost certainly working on a digital television based on its iOS operating system, according to multiple sources in Silicon Valley."

An Apple TV, which would run the company's operating system, would allow people to do many things with their televisions they cannot do now. The most important of these would probably be the ability to run Apple apps. This would permit consumers to download applications from Apple's store which has hundreds of thousands of products. The Apple TV would allow people to switch from Facebook to Google to their calendars all on one device in the living room.


Read more here.

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