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Can't wait for an iTV, the long-rumored HD set from Apple? Don't hold your breath, says one analyst from investment bank JP Morgan.
Mark Moskowitz told Apple Insider the economic condition is currently inhospitable for an iTV release. (Apple currently sells a connected set-top box, pictured, called Apple TV.)
Rumors of an iTV have been spinning since Walter Isaacson's Steve Jobs biography revealed the late CEO was working on the device. Some said it would come at the Worldwide Developers Conference in June, while others had their bets on the 2012 holiday season.
What does Moskowitz expect to see soon from Apple? A mobile payment system -- iPay.