Apple is having “moderate success” with the Apple TV, Concord Securities analyst Ming-Chi Kuo told clients in a note — as reported by “MacRumors” (http://www.macrumors.com). The company shipped approximately 480,000 Apple TV units during the second quarter, the analyst said.

That represents more than 70% year-over-year growth as Apple transitioned from the larger hard-drive based first-generation Apple TV to the iOS-powered second-generation streaming device. However, Kuo’s industry sources claim that Apple isn’t planning a hardware update for the Apple TV during the current quarter.

If true, many will be disappointed. Since Apple considers Blu-ray a “bag of hurt” and evidently will never offer Blu-ray support on its Macs, a 1080p Apple TV would be welcomed by movie buffs.

— Dennis Sellers