The holidays are a season when people believe in the impossible. But just as a fat man and a string of reindeer criss-crossing the globe overnight is a stretch of the imagination, so is the belief that Apple is about to get into the TV business. Like children wanting to believe, analysts have renewed speculation that the Cupertino firm is set to enter the fractious TV sector.
Not so fast, says one season observer. What some on Wall Street interpret as the "imminent launch" of an HD TV bearing the Apple logo likely is the iPhone maker simply exploring the cable television terrain ahead of a new product...