This Day On The Street
Continue to site
ADVERTISEMENT
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

Apple TV: The Stuff Dreams Are Made Of

With some high-profile content ramping up audience expectations, Apple might be able to tout its history of such successes to pressure -- um, I mean persuade -- the studios to soften their opposition. They'll want to compete in the new arena.

I admit it's all very far-fetched. The idea that Apple could compete with cable or Hollywood or both -- it's ridiculous.

But iPod/iTunes was equally far-fetched. Content owners balked at that, too, initially, and it worked.

Goodbye to All That

Of course, the elephant in the living room of this discussion: Steve Jobs is dead. Take a look at him delivering the introduction of the iPod at a low-key event in 2001. Note the way he lays out his entire logical framework and gloats over every technical detail.

He's all about the coolness of the device here. But behind the curtain he's already constructed iTunes as a dedicated delivery system for that device and its proprietary, unshareable content-compression format.

Speculation is rife that, along with Jobs, innovation of this kind at Apple is also dead -- disruptive, surreal leaps forward, developing not just a product, but a suite of business channels at once, an ecosystem.

I think we've had indications that is the case: Apple now pays a dividend, an idea Jobs opposed, probably because he saw it as a sign the company was giving up on high-risk, high-reward gambles. Neither of Apple's recent product introductions carried breakthroughs -- the iPhone 5 and the iPad mini both looked suspiciously like old wine in new bottles.

But, finally, it will be Apple TV that tells the tale. New device? Or disruptive, seismic shift?

Either way, I'm inclined to think the stock remains a solid investment. But it would be nice to think the thrill ride isn't over.

Too often, our vision of the future is merely a mirror of the past. It has been nice, occasionally, to be made to think different.

-- Written by Carlton Wilkinson in Asbury Park, N.J.

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG
AAPL $128.07 2.70%
FB $84.10 4.10%
GOOG $537.55 2.60%
TSLA $205.64 -0.56%
YHOO $45.08 1.40%

Markets

DOW 18,097.62 +62.69 0.35%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs