Apple Said to be in Talks With the Cable Industry to Develop a Set Top Box

“Apple Inc. (AAPL), the world’s most valuable company, is in talks with at least one of the largest U.S. cable companies about building a set-top box that would carry live television and other content, a person with knowledge of the discussions said.

Consumers would be able to purchase the device instead of paying a monthly leasing fee to cable companies, said the person, who requested anonymity because the talks are private.”

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