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
MORE<img alt="" border="0" src="
http://stats.wordpress.com/b.gif?host=tech.fortune.cnn.com&blog=8466345&post=138263&subd=fortunebrainstormtech&ref=&feed=1" width="1" height="1" /><img src="
http://feeds.feedburner.com/~r/fortuneapple20/~4/FXT1J5VfhIc" height="1" width="1"/>
Source:
Wall Street's biggest believer in an Apple TV set is losing his faith