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Thursday Apple Rumors: No Apple TV in 2012

daily apple rumors AAPLHere are your Apple rumors and AAPL news items for Thursday.

No Apple TV Set, Maybe iPay This Year: Mark Moskowitz, an analyst at JPMorgan (NYSE:JPM) says Apple (NASDAQ:AAPL) will not debut a much-anticipated Apple-branded television set in 2012, but could unveil its own mobile payment system, Apple Insider reports. Moskowitz said the TV market was currently too competitive for a new manufacturer to break in without “a radical change of the user interface, integration of the TV programming and data content, and use of gesture or voice control,” Apple Insider noted, and forecast a more modest evolution of its existing Apple TV box. While a TV might be off the table, Moskowitz said that Apple might launch a new mobile payment system, which he named iPay, using near field communication technology to work with the iPhone or iPad. Google (NASDAQ:GOOG) launched its own NFC-based payment system, Google’s Wallet last year.

Next iPhone to Be Longer, Thinner: The next generation iPhone will be 2mm thinner and 10mm longer, iLounge says. The size and shape of the next iPhone, widely expected to debut later this year, has been the subject of endless speculation. The upcoming iPhone will feature a 4-inch screen, while the glass backs of the 4 and 4S models will be replaced by a flat metal back, iLounge says.

iPad Increases Tablet Market Share: A report from International Data Corporation found that Apple’s iPads comprised 68% of tablets shipped during the first quarter, up from 54.7% during the fourth quarter of last year. Shipments of Android-based tablets suffered a “steep drop” during the quarter, IDC said. Amazon‘s (NASDAQ:AMZN) Kindle declined from 16.8% of all tablet shipments in the last quarter of 2011 to a little more than 4% during the first quarter of this year, IDC noted.

For more about the company, check out our previous Apple Rumors stories.

Article printed from InvestorPlace Media, https://investorplace.com/2012/05/thursday-apple-rumors-no-apple-tv-in-2012/.

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