The latest Apple TV rumor may seem like a rerun, but this one has been updated.
The newest iteration of the longstanding rumor is that Apple will get in to the business of selling TVs by building a digital TV based on iOS. That's according to multiple Silicon Valley sources cited by Venture Beat. Piper Jaffray analyst Gene Munster told Venture Beat that he predicted Apple would produce a TV set by the end of 2012 or early 2013.
Munster, who has long been trumpeting the possibility of an Apple-made TV set, first floated the notion in 2009 that Apple would take a bite out of the TV market in 2011 by introducing its first television. Munster wrote in June that Apple's recently announced iCloud infrastructure makes it all the more plausible.
The rumor mill gathered steam again earlier this week when the concept garnered a brief note in a Wall Street Journal report on the challenges faced by Tim Cook, the man named to replace Steve Jobs as Apple's CEO:
An immediate challenge for Mr. Cook will be to advance Apple's plans in what is expected to be a key market for growth: digital video. Apple is working on new technology to deliver video to televisions, and has been discussing whether to try to launch a subscription TV service, according to people familiar with the matter.