Tech analyst spies opportunity for Apple TV

A technology industry analyst has noted a key opportunity for Apple in the TV space, following remarks made by co-founder Steve Jobs in a new biography that show he was working on such a product.

“It would be seamlessly synced with all of your devices and with iCloud. It will have the simplest user interface you could imagine. I finally cracked it,” Jobs is quoted in the book as saying.

Ticonderoga Securities analyst has written in a new note, according to Boy Genius Report, that the TV space provides Apple “with opportunity to yet reinvent another product category and develop even closer ties with its customers”.

“For Apple, we believe the Smart TV market represents a significant new revenue opportunity for the company, while bringing Apple into a consumer’s living room and providing the digital hub in a home,”

“We believe a product could hit the market in the coming quarters, opening up a new growth category for Apple and driving sales of existing products that play into the Apple digital ecosystem.”