Apple and Your TV: Path to a Trillion-Dollar Company
The following video is part of our "Motley Fool Conversations" series, in which senior technology analyst Eric Bleeker and Chief Technology Officer Jeremy Phillips discuss topics around the investing world.
A recent study from Kantar media shows that only 7% of British adults who have a connected TV go online with it, even though 17% of the population owns one. It's no secret that Apple has long eyed the television market, but this study once again shows the opportunity ahead of the company. All of Apple's major products powering it today -- tablets, smartphones, MP3 players -- had existed and been met with lukewarm enthusiasm from consumers when Apple entered the fray. With Internet-enabled televisions a technology with so much promise that has yet to take off, Apple's position is ripe for disruption once again.
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At the time this article was published Eric Bleekerowns shares of Cisco Systems. Jeremy Phillips has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Google, Intel, and Microsoft.Motley Fool newsletter services recommendApple, Google, Intel, and Microsoft. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.