Apple to release new Apple TV later this year, analyst says
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Apple (NASDAQ:AAPL) is likely to release a new version of its Apple TV set-top box, according to an influential analyst.
TF International Securities analyst Ming-Chi Kuo tweeted that the new box would come in the second half of the year and have an improved cost structure.

Kuo added that Apple's (AAPL) strategy of integrating hardware, content and services is likely to "help close the gap with its competitors."
Cupertino, California-based Apple (AAPL) competes with Amazon (AMZN), Google (GOOG) (GOOGL) and Roku (ROKU), among others in the set-top box space.
Apple (AAPL) shares gained more than 3% to $147.28 in early trading on Friday.
In April 2021, Apple unveiled its latest version of the Apple TV, the Apple TV 4K with A12 Bionic chip, along with a new Siri Remote.
In its most recent quarter, Apple (AAPL) Chief Executive Tim Cook warned that revenue could be impacted between $4 billion and $8 billion due to the Covid-lockdowns in China and supply chain concerns, but demand was still healthy.