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60-inch Apple TV to come out later this year

60-inch Apple TV will sell for $1,500 to $2,000, analyst says. The 60-inch Apple TV will also have wireless 'mini-iTVs' that can receive video around the house.

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Eugene Hoshiko/AP/File
This file photo shows the logo of Apple in Shanghai. In a research note Wednesday, April 3, 2013, Brian White of Topeka Capital Markets says a 60-inch Apple TV or "iTV" will go on sale later this year.

It's no secret that聽Apple聽wants to get into the living room by making its own聽TV聽set, and there have been plenty of rumors and reports about how and when it's going to happen.

Now, an analyst says he's learned that the set will go on sale late this year, for $1,500 to $2,500.

In a research note Wednesday, Brian White of Topeka Capital Markets says the "iTV" will be 60 inches on the diagonal, but could also come in 50- and 55-inch versions.聽Apple聽will also release a small "iRing" that fits on the viewer's finger, allowing the user to control the screen by pointing, White says.

In addition, the set will come with tablet-like "mini iTVs" with 9.7-inch screens, the same as the full-size iPad, White said. The "iTV" will be able to send video to the smaller screens wirelessly around the house. The concept is similar to the way in which cable and satellite聽TV聽companies are starting to let their set-top boxes send video to iPads and other tablets.

White says his report is based on gleanings from visits with unnamed Chinese and Taiwanese companies that supply聽Apple聽with components.

Apple聽doesn't comment on future products before its launch events, but late company co-founder Steve Jobs told biographer Walter Isaacson that he wanted to remake the聽TV聽and had figured out a way to do it. Last year, there were numerous analyst reports that said聽Apple聽would launch a聽TV聽set in 2012.

Apple聽does sell an "Apple聽TV," but it's a small box that connects to a聽TV聽to display movies and shows from iTunes.

Apple聽shares rose $2.20 to close at $431.99 Wednesday, as the tech-dominated Nasdaq index fell 1.1 percent.Apple's聽stock is still close to the 52-week low of $419, which it hit a month ago.

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