Sunday, September 30, 2012

Monday Apple Rumors: Apple Getting Chatty About HDTV

Here are your Apple rumors and AAPL stock news items for Monday:

Apple Discussing HDTV Features With Television Executives: A Monday report in The Wall Street Journal said Apple (NASDAQ:AAPL) is on the move, making plans for its HDTV release for 2012. Senior vice president Eddy Cue is among the executives meeting with media companies to discuss the new television’s features, as well as how it will recognize users through their other devices, like the iPhone and iPad. According to sources familiar with the meetings, while Apple remained vague on specific apps and other features, it has hinted at what the Apple HDTV will do. First, the device will be controlled by voice and commands, not unlike Microsoft‘s (NASDAQ:MSFT) Kinect. Like the Apple TV set-top box, users will be able to stream shows and movies from their handheld devices directly to the TV. They also will be able to use their devices as remote controls. One new potential feature is the ability to use iCloud as a DVR recording service. What’s unclear, though, is whether digitally recorded television shows will only be accessible on the TV, or if users can access their DVR content from mobile devices.

Siri-Controlled Wristwatch iPod in the Works: Slowly but surely, Apple’s products are starting to make the present feel like a 1970s science-fiction TV show. Not necessarily Star Trek, but at least Space: 1999. The limitless information accessible through the iPhone and iPad — all consumed through a shimmering, touchscreen interface — certainly helps make the effect. According to a Monday report in The New York Times, Apple is working on yet another tool straight out of yesterday’s pulps. Apple is said to be working on a “curved-glass iPod that would wrap around the wrist” and be operated using voice commands through Siri, the voice recognition assistant in the current iPhone. The article said Google (NASDAQ:GOOG) also is working on new devices that you wear on your clothes or body that would let you communicate with your Android smartphone. Google apparently has hired away staff from Apple and Nokia (NYSE:NOK) to help work on the technology.

RIM Worth Less Than Apple App Store: These are dark times for Research in Motion (NASDAQ:RIMM). As of Monday morning, shares in the smartphone maker were trading around $13, placing the company’s market cap at below $6.9 billion. As noted by writer Brian Hall, the Apple App Store’s estimated value is $7.08 billion. Just one facet of Apple’s mobile business is worth more than RIM’s entire operation now.

As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at�@ajohnagnello�and�become a fan of�InvestorPlace on Facebook.

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