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"When I go into my living room and turn on the TV, I feel like I have gone backwards in time by...
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Thursday, December 6, 2012, 7:32 AM ET"When I go into my living room and turn on the TV, I feel like I have gone backwards in time by 20 to 30 years," says Apple (AAPL) CEO Tim Cook in a TV interview. "It's an area of intense interest, I can't say more than that." Other news from the chat is his announcement one of the existing Mac lines will be manufactured exclusively in the U.S. next year.
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A new world awaits us. Do it.
If the focus is on a device that masters interactive entertainment that might be OK. I want them to stay away from content creation.
1. The Apple TV's development is in its completion, and Tim can watch this TV in his office. (his comment on "When I go into my living room and turn on the TV, I feel like I have gone backwards in time by 20 to 30 years ". He only had that feeling when he is in his home.
2. The Apple TV will revolutionize the TV and move the TV product 20 - 30 years in advance, not a baby step.
On the surface, the hand-wringers moan about higher production costs.
The silver lining is the Chinese people now have more cash to buy goods - Apple products for example ?