Apple will producing the heavily-rumoured flatscreen iTV project as soon as May this year, according to an analyst who claims he's in the know.
Jefferies analyst Peter Misek says he saw "early production evidence of iTV" on a recent trip to Asia, which made him "more bullish" on Apple stock, he wrote in a note to investors.
He says what he saw on the fact-finding trip led him to believe that the Apple iTV will begin production in either May or June and that it will be on sale before the end of 2012. He wrote that Apple will build between two and five million connected TVs in its first run.
Misek said that "specialty components" are already on their way to Apple's Asian suppliers. Small quantities of polarized films, filters, and IGZO components are already being shipped, he added.
Amid all of the excitement for the new iPad we've been hearing less about Apple iTV than we have in recent months. However, with the Retina Display-toting device hitting shelves this Friday, prepare for the rumour mill to go into overdrive once again.
Just yesterday it was reported that the American network CBS had shot down Steve Jobs' offer to bring them on board amid fears for its existing revenue streams.