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As rumors of an Apple television set pick up steam, one new report claims that the company is already building prototype models for a launch potentially as soon as late 2012.



From Apple Insider:
Analyst Gene Munster with Piper Jaffray revealed in a note to investors on Monday that a source close to an Asian component supplier claimed in September that Apple was building prototype models of its rumored high-definition television set.

Munster has long been a believer that Apple will enter the television market, saying as far back as February 2009 that he believed the company was working on a major entrance into the living room. He sees Apple building an all-in-one, Internet-connected television set with access to the App Store and iTunes content.
  Apple building prototype televisions for potential 2012 launch