An analyst says that Apple's TV set will go on sale late this year, for $1,500 to $2,500. Apple has been rumored to try find its way to the living room by making its own TV set. Earlier reports had the "iTV" coming this year and been made by Foxconn. In a research note Wednesday, Brian White of Topeka Capital Markets says the "iTV" will be 60 inches on the diagonal, but could also come in 50- and 55-inch versions. The TV set will be accompanied by an "iRing" that fits on the viewer's finger, allowing the user to control the screen by pointing, he added.

White's sources are Apple's component suppliers fron China and Taiwan, White said.