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Platinum Account Group excited about Apple’s TV Business Plan

05-03-2012 11:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: PLATINUM ACCOUNT GROUP

Excitement recently flew through the office of Prosumis upon knowing of Apple Inc’s (AAPL) plan to branch out into the TV business that causes a big move into display manufacturing. On March 23, Taiwan’s Hon Hai Group agreed to invest 133 billion yen, equivalent to $1.6 billion USD, in Sharp Corporation LTD (SHCAY). Sharp is a Japanese company that is a major producer of thin film transistor liquid crystal displays and strong competitor of Sony.

However, Sharp announced it expects to lose 290 billion yen or $3.49 billion this fiscal year, for they suffer from the robust yen and a deluded investment in a huge cutting-edge LCD plant that resulted in a total cost of 430 billion yen. The question comes to mind, why do investors feel the need to invest in a company that seems to be struggling in today’s world economy? Apple Inc is the answer.

The new Apple TV comes into play heavily and investing opinions from analysts show good growth with this solid venture between the two companies The LCD plant may be burden for Sharp but it can produce robust cash flow with this new deal. From Platinum Account Group’s trusted source, some analysts already expect Apple to debut the iTV by the end of this year which should result in a boost of Apple stock (AAPL).

By administering our brand of fee-based services and commitment to excellence, we work as closely as possible with each client and their professional representatives. We establish our relationship by getting to know the client and understanding their financial situation, goals, and risk profile. Wealth management is our area of expertise and with our financial planning services and team of investment experts we have established Platinum Account Group as a name you can trust.

PLATINUM ACCOUNT GROUP
2 Floor Street West, Toronto, ON ,Canada, M4W 3E2
contact@platinumaccountgroup.com
Phone: 1-877-225-3882
Fax: 1-877-353-8910
Todd Smith

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