Jan 19, 2012
Earlier today, only minutes before Apple Inc. announced its plan to revolutionize and reinvent textbooks in ways never before seen, the world’s largest technology company already had one stellar achievement under its belt as shares of the Cupertino based tech corporation soared to an all time high of $431.37 on the Nasdaq. Apple’s market capitalization, as a result, shot past $400 billion — a first in the company’s 35 year history, and one the late Steve Jobs would be proud of today.
Just last week the stock made it back to its previous record value of $427.61. RBC Capital Markets just days earlier raised its Apple price target to $525 per share, which now seems to be a worthy estimation. Anyone who can get his paws on Apple stock right now could see some tremendous gains within as little as one year. There are some upcoming projects Apple will be revealing throughout 2012, which is scheduled to see several changes in Apple’s well established mobile product line from the iPhone to the iPad. In fact, there are now three rumored iPad upgrades scheduled for the upcoming year, which would give stock values another few bumps in an upward direction, likely shortly following the release of each product.
Apple is also rumored to be developing a new television that will “revolutionize” tv, according to many rumor sites and Apple speculators. There is something to that, since Apple has several patents registered for televisions and components and features. Design style is under careful wraps right now, since Apple is known for its secrecy about upcoming products. Don’t expect to learn anything new about this for quite some time, but there is a chance that we might see this new device, whatever it may be, sometime before Q4 of 2012. If it doesn’t actually make an appearance, there will likely at least be an announcement. One patent contains a clause that is straight forward: the Apple device would be able to receive and store television content from a content provider or partner company. Nothing is detailed as to what kind of content provider this might be. Possible vendors would include satellite television and cable companies, finally delivering a product that could put true a la cart television programming in the households of millions of subscribers, effectively changing the way people consume television programs.
More support for the idea of a revolutionary Apple television product comes from the late company co-founder Steve Jobs himself, who reportedly spoke of the project as his greatest work before he died in October 2011.
