Wall Street's biggest believer in an Apple TV set is losing his faith"Each month that passes," writes Piper Jaffray's Gene Munster, "reduces our confidence."
<p>FORTUNE -- Pity Gene Munster.</p>
<p>It's been five years since Piper Jaffray's chief Apple (AAPL) watcher first alerted investors that Steve Jobs' "hobby" -- the Apple TV set-top box that launched in 2007 -- was merely a precursor to a more ambitious project: a full-blown Apple television set.</p>
<p>"While Apple downplays the possibility," he wrote in a February 2008 note to clients, "we expect the
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Wall Street's biggest believer in an Apple TV set is losing his faith
