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TheStreet Open House

2012 Tech Predictions: A Look Back

Stocks in this article: AAPLFBGRPNEBAYT

An Apple Television

Prediction:

Steve Jobs revealed in his biography that he had "finally cracked" how to create an Apple television, something he had longed to do for years.

There is increasing speculation that the company will come out with a television set, perhaps as early as next year. Piper Jaffray analyst Gene Munster recently made some comments that Apple could be planning to release multiple sizes of the television.

CEO Tim Cook has overseen the launch of the Verizon (VZ) iPhone and the iPhone 4S, but the iPhone originally launched under Jobs. An Apple-branded TV would be the first venture into a new product area with Cook at the helm.

Review:

The Apple TV didn't happen in 2012, but speculation continues to abound that an Apple-branded television set is forthcoming.

In a recent investor call discussing Apple's fourth-quarter earnings, Cook said he thought there's more for Apple to do with its living room strategy. "We continue to focus on it and continue to believe there is something more there and continue to pull the string to see where it takes us," Cook said on the call.

Grade: Incomplete (We may eventually see an Apple television set, perhaps as early as 2013, according to one Wall Street analyst). What it will offer to consumers is anybody's guess, but here are some thoughts on potential features.

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