Gene Munster of Piper Jaffray calls the deal strong evidence of an upcoming HDTV.
Rovi is the company behind the interactive program guide used by many cable/satellite operators and set-top box makers.
Says Munster (via AI): "We believe this announcement is further evidence that Apple is developing live TV and DVR features for its Apple TV product, and will likely launch an all-in-one Apple Television in the next 2-4 years. Following its deal with Rovi, Apple would be clear to add live TV, DVR and guidance features to its Apple TV product, which we believe is a critical step towards an all-in-one Apple Television."
Apple launched an updated Apple TV earlier this month.
Although it is unclear, Munster believes the deal will cost Apple $10 million per year.
Written by: Andre Yoskowitz @ 20 Sep 2010 19:21