Apple is said to be negotiating to acquire Loewe AG, a manufacturer and distributor of televisions, audio components and integrated entertainment systems, with a final decision expected to be announced by the end of this week.
I’ve said from the beginning not to underestimate the Apple HDTV rumor. I still believe this is a market that Apple could enter, change and eventually make a significant mark in.
Apple did the same thing with the iPod, iPhone and iPad. People underestimated those rumors too.