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I was starting to think that Apple would try, but without any first party studios they will struggle I think. Even though Microsoft has the fewest first party studios this gen, it still gives them an edge and has games you cant find on another console, which makes it a desireable machine. Since Apple wont have that, what makes their machine the one to get? Especially when you can get 3rd party software on the other consoles that also have 1st party software.

And I cant even imagine what the price tag on what an Apple console will be, it might put the PS3's launch price to shame

So even if they do, I think it will be an early exit.