Giant iPads are coming.

Apple needs two things to dominate consumer electronics: a TV set and a phone company. The TV set is coming. I forecast it several months ago. I used the term, "A giant iPad," - lightweight with gorilla glass, battery operated and portable. Of course you can plug it in to recharge, but it will be light enough that you can easily move it from your desk to your bedroom or hang it on a wall like a picture.

How do I know they are developing this product? I do not.

However, my intuition tells me this is the next Apple product. And I noticed this morning another  commentator has forecast an Apple TV set for next year. The iPad by the way is just a small TV set, but it creates a new category of consumer devices once it replaces the TV in the home.

The second thing they need - a phone company - they may already have several, but the phone companies do not know it yet. As the phone companies depend more and more on Apple products, Apple gets more and more control over distribution. It will not be long before Apple demands and gets a share of all downstream revenues for the iPhone, iPad and iTV contracts. It's called leverage, and they have it.

Apple does not go away. They just keep coming back with the next product that we all want.

And the TV will have facetime video for conferencing with other people. It is what I would want. Next Christmas, 2012, while I am opening my presents, I will be watching a giant iPad on the wall showing my grandchildren opening their presents in multiple locations.

Wow.