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Apple iTV with iRing control set to hit market this year

Apple iTV with iRing control set to hit market this year

An analyst says he's learned that the Apple TV set will go on sale late this year for $1,500-$2,500.

It's no secret that Apple wants to get into the living room by making its own TV set, and there have been plenty of rumours and reports about how and when it's going to happen. Now, an analyst says he's learned that the set will go on sale late this year for $1,500-$2,500.

In a research note on Wednesday, Brian White of Topeka Capital Markets says the "iTV" will be 60 inches on the diagonal but could also come in 50- and 55-inch versions. Apple will also release a small "iRing'" tiat fits on the viewer's finger allowing the user to control the screen by pointing, White says.

The report is based on gleanings from visits with Chinese and Taiwanese companies that supply Apple with components, White says.

In 2011, The Guardian had reported quoting Peter Misek, analyst, at the American bank Jefferies, that Japanese firm Sharp had been asked to begin commercial production of Apple TV screens in February with the sets available in the second half of 2012.

Late Apple founder Steve Jobs had told his biographer, "I'd like to create an integrated television set that is completely easy to use."