Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Inc. (AAPL) Takes on Gaming, Returns to Israel

The much-ballyhooed but yet-to-materialize Apple Inc. (NASDAQ:AAPL) TV system has developed a new batch of rumors that seem to be more concrete and specific in the past, which might suggest that the Apple TV just may be coming, and sooner than we think. But how much of an innovation can this new endeavor be for Apple? Is there something that Apple is developing that could be a game-changer in home entertainment?

Hard to say for sure, but there are some who believe that a new TV system from Apple Inc. (NASDAQ:AAPL) may become a direct assault on the leaders in console gaming – primarily Microsoft Corporation (NASDAQ:MSFT) and Sony. There is talk that the Apple TV platform – which is rumored now to be launched in the spring, perhaps as early as next month – could be set up in a similar way to iPhones and iPads – meaning that those who use an Apple TV system to access gaming apps and would allow developers an opportunity to sell their games through the Apple App Store. and that opportunity to create a gaming ecosystem just might be a huge advantage for Apple and just might make it a serious gaming option in the space in one fell swoop, according to an engineer who helped develop the Xbox system for Microsoft.

Apple Inc (AAPL) Event InviteIn other Apple Inc. (NASDAQ:AAPL) news, the company announced this week that it will be opening a third research and development center in Israel, locating it in Raanana. The official opening data has been announced as of yet.  There are reports that Apple was going to bring in 150 employees from Texas Instruments Incorporated (NASDAQ:TXN), which just announced layoffs at its Israel site in the last few weeks. Apple opened a site in Haifa a year ago and bought the Israel-based flash-memory company Anobit.

What do you think? How do you see an Apple TV affecting the gaming industry? Does this revive Apple Inc. (NASDAQ:AAPL) and its perceptions with analysts and investors? Let us know your thoughts in the comments section below.

DISCLOSURE: I own no positions in any stock mentioned.

Please see these related AAPL articles:

Apple’s Next Move? Just iWatch!

Now Police are Loving iDevices

Apple Looking to Take Image Capture to a New Level

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.