Apple for the day, again

We're gonna hear a lot about the Apple television before it actually arrives, and Peter Svensson has an AP article at Philly.com with a reprise of the latest:

It's no secret that Apple wants to get into the living room by making its own television set, and there have been plenty of rumors 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 to $2,500.
In a research note, Brian White of Topeka Capital Markets says the iTV will be sixty inches on the diagonal, but could also come in fifty- and fifty-five-inch versions. Apple will also release a small iRing that fits on the viewer's finger, allowing the user to control the screen by pointing, White says.
In addition, the set will come with tablet-like mini iTVs with 9.7-inch screens, the same as the full-size iPad, White said. The iTV will be able to send video to the smaller screens wirelessly around the house. The concept is similar to the way in which cable and satellite television companies are starting to let their set-top boxes send video to iPads and other tablets. White says his report is based on gleanings from visits with unnamed Chinese and Taiwanese companies that supply Apple with components.
Apple doesn't comment on future products before its launch events, but then late company co-founder Steve Jobs told biographer Walter Isaacson that he wanted to remake the television and had figured out a way to do it. Last year, there were numerous analyst reports that said Apple would launch a television set in 2012.
Apple does sell an Apple TV, but it's a small box that connects to a television set to display movies and shows from iTunes.
Apple shares rose $2.20 to close at $431.99 on Wednesday, as the tech-dominated Nasdaq index fell 1.1 percent. Apple's stock is still close to the 52-week low of $419, which it hit a month ago.

Rico says how long do you think it'll be before someone renames the iRing as My Precious? Oops, already did... But, when Rico worked for Apple, the stock was trading at $15, so over four hundred ain't bad. (Though, if you were smart and shorted Apple when it hit $700, you made out like a bandit.)