Apple Inc. In TV Talks

It has been reported that Apple Inc. (NASDAQ:AAPL) is in talks to stream video to new Apple TV sets.

Apple Inc. In TV Talks

A report claims that Apple has entered into talks with EPIX to stream video to its long-anticipated TV sets, as well as other devices.

Epix is a film distribution company backed by the Hollywood studios Paramount Pictures, Lion’s Gate and MGM.

One of the sources told Reuters that “any discussions would apply to its set-top box and also to upcoming devices that stream content. Apple Inc. (NASDAQ:AAPL) is widely expected to unveil a full-fledged TV product later this year or in early 2013 to drive its next phase of growth and potentially revolutionize the industry.”

Apple Inc. (NASDAQ:AAPL) shares were at 583.98 at the end of the last day’s trading. There’s been a 34.8% movement in the stock price over the past 3 months.

Apple Inc. (NASDAQ:AAPL) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 1 out of 2 in the industry