Will Apple Produce An HDTV in 2-4 Years? No Way

It can be argued that Apple eventually dominates in every consumer electronic market it enters. I'm sure I don't need to point out the history of iPod, iPhone, and iPad . They are market leaders. However, the one exception is with the Apple TV. It didn't exactly flop, but the media streamer is far from the blockbuster hit of its iDevice brothers. That may change once the rumored $99 iTV hits, but analyst Gene Munster of Piper Jaffray indicated in a note to investors that the iTV is just the beginning. He believes the cloud media service hints of a true Apple HDTV: a flat panel HDTV that's designed to be a stand-alone TV, allowing users to give up their game console, Blu-ray player, media streamer, and most importantly cable TV. The only thing is, Gene's wrong -- at least about the physical HDTV part. An Apple TV would go down in history as the biggest flop in the company's history.