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It makes a fair bit of sense

Apple has a long history of creating both software and hardware, they could have an easy to use interface, and already have things like safari and itunes, which could easily be adapted for a console. There would also be none of the overheating problems which, lets face it, were caused by the fact that microsoft was purely a software company.

Knowing Apple, it would interact with everything, including ipods and iphones

They already have some degree of gaming contacts, from imac, ipod and iphone gaming.

Shiny white consoles sell like hot cakes.

So if they do enter into the 8th generation (ie to compete with the Wii2, xbox720 and PS4)
- Who believes that 4 console makers can survive?
- If not, who is more likely to be forced out?

I would say that if apple make a console for the 8th generation, and it's successful, there won't be an xbox1440
If it's not successful, then they wont bring out an igame2