Apple TV Is Coming In 2014, And Everyone Is Going To Copy It, Says Marc Andreessen

RELATED QUOTES

SymbolPriceChange
AAPL431.77
MSFT34.98
GOOG900.62

Apple is definitely coming out with a television, said venture capitalist Marc Andreessen at the DealBook conference this morning.

He thinks it comes out in 2014, maybe 2013, and if not either of those, then definitely by 2015. So, in the next three years.

Andreessen isn't just a venture capitalist. He's also on the board of Facebook and HP. He's super plugged into what's happening in tech and in the Valley.

He warned that Apple is a "vault," so no one really knows what's happening inside the company. That said, he says the rumors about an Apple television are strong, and it's one of those poorly kept Valley secrets.

He doesn't know what the Apple TV will look like, but he knows this: Once it comes out, everyone else will scramble to copy it.

"There's a pattern in our industry, Apple crystallizes the product" says Andreessen, "and the minute Apple crystallizes it, then everyone knows how to compete."

When the Apple TV is launched, Microsoft and Google will start adjusting their strategy to react to Apple, says Andreessen. That's a polite way of saying they copy what Apple does then figure out how to add their strength to the product.

Don't Miss: Why Apple Didn't Release A TV This Year



More From Business Insider

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    129.455.75+4.65%
    RCOM.BO
    22.300.35+1.59%
    UNITECH.BO
    29.450.45+1.55%
    SPICEJET.BO
    61.15-1.45-2.32%
    APOLLOTYRE.BO
    68.751.20+1.78%
    RPOWER.BO
  • Price % Gainers
    Price % Gainers
    NamePriceChange% Chg
    67.4053.92+400.00%
    AHMEDGA.BO
    15.552.26+17.01%
    SCANPGEOM.BO
    89.9511.30+14.37%
    JINDALPH.BO
    25.002.50+11.11%
    JAIBALA.BO
    32.003.10+10.73%
    MAJESAUT.BO
  • Price % Losers
    Price % Losers
    NamePriceChange% Chg
    -57.20-100.00%
    ABCBEARS.BO
    -119.80-100.00%
    ABCINDQ.BO
    -10.38-100.00%
    ABIRAFN.BO
    -29.60-100.00%
    ACCURATE.BO
    -30.00-100.00%
    ACEEDU.BO

Latest News

  • Reuters Summit - IPO? No thanks, say Silicon Valley CEOs

    The Silicon Valley IPO has lost its cachet, and big investors need to pay attention. That's the view of two prominent startup chief executives awash in offers of private investment, who don't think the ... …

  • European shares edge cautiously higher; focus on Fed
    European shares edge cautiously higher; focus on Fed

    European equities edged higher on Wednesday, with volatility expected to be high and volumes light as investors look to the U.S. Federal Reserve for clues on how soon it may start to scale back its stimulus ... …

  • Nikkei climbs to one-week high
    Nikkei climbs to one-week high

    Japan's Nikkei average hit a one-week high on Wednesday, with traders citing the launch of a near $780 million investment trust as a driving factor, while SoftBank Corp rose as it looked likely to win ... …

  • All will be consulted on seaplane service: Kerala minister

    Thiruvananthapuram, June 19 (IANS) Kerala Tourism Minister A.P. Anil Kumar Wednesday said that all stakeholders would be taken into confidence regarding the operations of a sea plane service in the state's ... …

  • Rupee off lows; debt quota auction on Thursday
    Rupee off lows; debt quota auction on Thursday

    Reuters Market Eye - The rupee rises on hopes of inflows related to debt limit auction, say dealers. The pair is at 58.70/71 after rising to 58.92, versus its record closing high of 58.77/78 on Tuesday ... …

  • Exclusive Bengali thali restaurant opens in Kolkata

    Kolkata, June 19 (IANS) Platters (thalis) of quintessential Bengali delights will wow foodies as the first restaurant in the city serving exclusive thali meals has opened it's doors here. Gastronomes at ... …

  • IMF says to extend reach with online economics training

    By Stephanie Simon REUTERS - The International Monetary Fund will make its training sessions on financial policy and debt sustainability available online this year to government officials worldwide, allowing ... …

  • Sensex trades flat in pre-noon session

    Mumbai, June 19 (IANS) A benchmark index of Indian equities markets was trading flat at 0.46 percent down during the pre-noon session Wednesday. Selling pressure was observed in stocks like autos, oil ... …

MAJOR STOCKS (A-G)

MAJOR STOCKS (H-N)

MAJOR STOCKS (O-Z)