What's more, content is reportedly still a sticking point for Apple's TV project - Display Search sources indicated securing proprietary content and lining up things other TV providers can't (À la cartepay TV programming, for instance) is another reason behind the iTV's delay.
An iTV release date of 2014 has been floated for some time now, but it looks like Apple's TV ambitions won't come to fruition until at least 2015.
Apple may be wise to hold off diving into the TV business, especially with services like Netflix, Hulu and even Chromecast upending content delivery by the minute.
The company also has to catch up with the television manufacturers who have been in the game for years and are continuing to expand with higher-quality though still very expensive 4K sets.
Adding more fuel to the smoldering rumor fire, during its recent Q4 earnings call CEO Tim Cook said Apple was looking into "significant opportunities ahead of us in both current product categories and new ones."
This could mean more than one new product line, including TVs and smartwatches. Or perhaps 2014 will be the year for Apple's gaming ambitions to come true?