You've got to hand it to the rumor mill on this one. They've cooked up a good one... unless, of course, this is closer to reality than rumor.
Brian White of Topeka Capital Markets says Apple will not only roll out it's long-awaited iTV this year, the company will "revolutionize the TV experience forever" by simultaneously introducing the iRing, which will control the connected HDTV.
The "iRing" accessory described by White is a new concept that has not been previously detailed in other reports. His visits with Apple suppliers suggested the ring will act as a "navigation pointer" for the television, and will allow the TV set to enhance motion detection and replace some of the functionality found in a remote.
"Essentially, we believe the 'mini iTV' screens will be able to capture content from the 60-inch 'iTV' across a distance of up to 200 meters, allowing a user to view 'iTV' content in the kitchen, washroom, garage, bedroom, backyard, etc.," White says. "We believe Apple will offer one 'mini iTV' per 'iTV,' but package options will include up to four screens (i.e., one screen is part of the standard package and pay extra for each additional."
All the above could enter the market "in the later part of 2013."
Source: Apple Insider