Apple May Have Huge Holiday Plans for New Products

According to a new report CNET, Apple may soon release a major new product designed for your living room.

If the rumor mill is right, before the end of 2012, Apple’s much-rumored but still unconfirmed HDTV will be released.

That’s according to Piper Jaffray analyst Gene Munster.

Munster said he expects the Apple TV product line to cost between $1,500 and $2,000 and range in size from 42 to 55 inches. That’s a considerable premium over typical televisions of that size, which have a range closer to $700 to $1,400.

The prominent analyst and Apple watcher believes that the next generation iPhone will arrive in October, followed by the HDTV in December.

“We believe Apple’s product road map for the remainder for the year will include meaningful updates to core product lines including the iPhone and Mac,” Munster wrote.