Apple Moves Closer to Making TV Set

Apple has been a free fall sense hitting it's all time high of slightly over $700 per share back in September.  There are reports now that are surfacing which have iPhone 5 sales down substantially putting even added stress upon the stock.

We are still long-term believers in the the stock and company for a few reasons.

1. Apple executes almost flawlessly.  Have they had their hiccups lately with the Maps app...yes, will they have other issues crop up in the future...certainly.  But overall Apple gets things right at a much higher percentage than most.  
2. With a cult like following, Apple can continue to expand it's market share as more and more people are introduced to its products and become hooked.
3. It finds a way to revolutionize industries such as music, apps, and tablets.

But what will the next revolution be?  The next catalyst that helps send the stock back in an upward transition?  Many believe that it will be the TV market.  It may not be a slam dunk as expert may give Apple credit for with content providers seeing clearly what happened in the music industry.  But one cannot deny that sooner or later someone is going to get TV right in a way in which consumers will flock in droves to a specific product.

We believe that Apple, even with its flaws certainly stands to be a game changer in this industry.  This WSJ article lays out what it is hearing from apple suppliers who are working on a new TV project.