Icahn Confident Apple is Working on Television as Munster Gives Up on the Idea

Icahn Confident Apple is Working on Television as Munster Gives Up on the Idea

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Just as Gene Munster announces he was wrong in predicting that Apple will release a television set, Carl Icahn confidently asserts that he believes Apple will do a TV.

Those of you who have been following iClarified know that Piper Jaffray’s senior Apple analyst, Gene Munster, has been predicting that an Apple Television is just around the corner since 2009.

Yesterday, the WSJ published a report claiming that while Apple had been working on a television, it cancelled its plans to make the device last year.

Subsequently, Munster issued an investor note today admitting he was wrong about the television.

“Given how adamant we have been about the reality of an Apple television,” he says, “it’s hard to accept the reality of no Apple television.”

Where Did We Go Wrong?
We have been talking about an Apple television for the better part of the last decade. While it is a small consolation that the article affirms that Apple was actually working on a television during that period, in the end we were wrong in our constant expectation of the product.

Interestingly, as Munster was giving up on the idea of an Apple television, Carl Icahn was making a prediction for one. Yesterday, he posted a lengthy open letter suggesting that Apple was undervalued and that the company had plans to make a car and a television. After reading the WSJ's report, Icahn wasn't dissuaded, calling the report ridiculous.

"I don't even know what it says," said Icahn. "I read the article," Icahn said, "not what Tim Cook said or didn't say, but the whole thing is ridiculous ... I'm not backtracking in anyway. I believe they will do a TV. That's my belief."

Are you giving up on an Apple Television? Let us know your thoughts in the comments and please follow iClarified on Twitter, Facebook, Google+, or RSS for updates.

Icahn Confident Apple is Working on Television as Munster Gives Up on the Idea

John - May 20, 2015 at 8:11am
Apple should just make software that runs on current TVs. Sony is going to offer TVs with android based software. Apple should just do the same and join with current manufacturers.
NATO - May 19, 2015 at 10:15pm
South Korea been and will be making them forever cuz they know how. And they don't need a decade to figure out how to make one. Plus who need even more expensive TV than Samsung already is. The only thing they lack is Apple warranty, otherwise it's perfect. Last thing we need is overpriced TV with access to iTunes content only. People should stick to what they do best. iPhone and Samsung TV has always been a good combo in my house.
P.O.T.U.S. - May 20, 2015 at 12:52am
Who knows what else we need. Maybe Apple will make a TV that's lighter with the laminated displays with TV that takes advantage of 5k display, a TV to do it for the first time and also help out with homekit and games.
SimonSays - May 20, 2015 at 1:01am
Lol. You call samsungs tv's perfect? Their smart TV system is anything but, Netflix crashes constantly on just about every platform besides apple tv. All other apps suck or constantly crash on all 3 of my Samsung tv's. Perfect? I think not. Apple would be a welcome addition to the TV industry imho.
Nat - May 20, 2015 at 1:09am
I once tried to play angry birds with just the hand sensor and OMG is it delayed beyond control. It takes a second for it to respond, half the time it doesn't work, but beyond that, the movement is slippery and acts like my hand isn't there even when I do little movement to ensure it doesn't lose track! Waste of time and money.
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