Jeffries analyst Peter Misek says in a note to investors — as reported by “AppleInsider” ( — that overseas suppliers have begun to ship parts for the rumored Apple HDTV (the “iTV”) set as the company gears up to begin production as soon as May.

The analyst forecasts commercial production of the television set to begin in May or June, with between two million and million units built initially. He expects the iTV set to launch in the fourth quarter of calendar 2012.