Deutsche Bank: Apple TV will affect DVD market

Updated

Deutsche Bank has said it believes the Apple TV will take a chunk out of the $26 billlion DVD player market in the next few years. In a note to clients, the film claimed Apple is “positioned to introduce a compelling integrated home media infrastructure solution,” with YouTube content serving as a catalyst for further sales and market expansion. “We expect Apple to continue adding video content (TV, movies, etc) to iTunes/Apple TV further increasing its appeal,” the firm added. Deutsche Bank rates the company’s stock a “buy,” with a target price of $140.

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Charles Starrett

Charles Starrett was a senior editor at iLounge. He's been covering the iPod, iPhone, and iPad since their inception. He has written numerous articles and reviews, and his work has been featured in multiple publications.