60-Inch Apple TV To Launch This Year, Says Analyst

New York – A 60-inch Apple TV will launch later this year, according to a new report by a leading analyst.

In a research note released Wednesday, Brian White of Topeka Capital Markets claimed the Apple “iTV” will measure a whopping 60 inches on the diagonal, and will also be offered in 50- and 55-inch versions. White also reported Apple will produce an “iRing,” a device designed to be worn on the viewer’s finger that allows the user to control the screen by pointing.

White added that the 60-inch Apple TV, which has long been the subject of rumors and speculation, would launch later this year for $1,500 to $2,500.

And there’s more: According to White, the set will come with tablet-like “mini iTVs.” These will consist of 9.7-inch screens (the same size as the regular iPad), and will be able to wirelessly receive video from the larger iTV.

White formed his report after conducting visits with anonymous Chinese and Taiwanese companies that supply components to Apple.

It’s widely believed that an Apple TV set has been planned for some time. Late company co-founder Steve Jobs told biographer Walter Isaacson he had dreamed up a way to “remake” the humble television set.

Speculation about a new 60-inch Apple TV caused Apple shares to rise by $2.20 to close at $431.99 on Wednesday. Apple’s stock is still close to the 52-week low of $419, which it hit a month ago.

Would you buy an Apple TV set? If so, what would you be willing to pay?