This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Apple May Unveil Browser Surprise: Analyst

CUPERTINO, Calif. (TheStreet) -- With just hours to go before Apple's (APPL) eagerly anticipated Keynote event in San Francisco, speculation is mounting about what surprises the consumer tech giant may have in store.

The iPod-theme gathering is expected to focus heavily on digital music, and it may also be a showcase for a revamped line of iPods with cameras.

However, there also has been talk about a possible Apple TV announcement, and at least one analyst thinks that the firm could launch a new version of the wireless device.

"We believe that Apple TV does not sell because it does not support the fastest growing distribution medium for television content: the Web," wrote Ezra Gottheil, an analyst at Technology Business Research, in a note released late Tuesday. "We think Apple will fix Apple TV and realize this potential."

Launched in 2007, Apple TV lets users play iTunes content on their TVs, but it has hardly been a going concern for the Cupertino, Calif.-based firm. Previously described as a "hobby" by Apple, the company nonetheless sees great potential for the device.

During Apple's first-quarter conference call earlier this year, for example, COO Tim Cook explained that Apple TV unit sales were up almost three times compared to the prior year's quarter, and promised greater support for the technology.

"It is clear that the movie rental business has really helped Apple TV and there are more and more customers that want to try it," he explained. "We're going to continue to invest in it, because we fundamentally believe there is something there for us in the future."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,039.49 +60.36 0.36%
S&P 500 1,992.37 +5.86 0.30%
NASDAQ 4,532.1040 +5.6220 0.12%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs