Apple (NASDAQ: AAPL) Smart TV iTV Rumors Grow - Fred Dunsel (06/05/12)

Last week, Apple Inc. (NASDAQ:AAPL) failed to deliver a second consecutive weekly gain, having closed at $560.99, marking a 0.77% drop for the week. Nonetheless, given the across-the-board fall in stocks last week, it was still a notable performance. The tech giant appeared to have regained its footing after bottoming out at $530 in mid-May.

There are currently market rumors that Apple has started the trial production of Smart TV sets, which are expected to be announced in December and launch...