WILL APPLE COMPETE WITH CABLE-TV?

WILL APPLE COMPETE WITH CABLE-TV?

Rumors spread rapidly over the Internet on Tuesday that Apple is about to offer a $30-a-month service via its iTunes store that would effectively replace cable services. The rumor was apparently first reported on the Gizmodo website, which indicated that the service could be announced at about the same time that Apple unveils its much-rumored Apple tablet early next year. The Apple service would apparently make all TV shows available on demand. However, the early reports indicated that Apple has yet to line up any major broadcast or cable networks to participate in the as-yet-unnamed service. Moreover, other analysts have noted that the Internet is carried into many people's homes via cable-TV companies and that Apple would therefore have to find a way to hitch a ride on its rivals' backs in order to secure distribution.

04/11/2009