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Analyst: Apple Ripe for HDTV and 'Genius Squad'

July 11, 2011

Could Apple be at work on a TV set? That's a theory Piper Jaffray analyst Gene Munster has been trumpeting for years now. Joining him is analyst Maynard Um with a report today about how the gadget maker could expand its market cap by delving into new services in the coming years, notably the TV set business and an expanded version of its tech support offerings. Um suggests that Apple's in a good position to boost its market cap by anywhere from $50 billion to $100 billion

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