It wouldn't surprise me if this was true, as it's not a huge step up from their 27" screens. If they did release a TV, it would be pretty impressive.
http://www.dailytech.com/Source+Apple+to+Enter+TV+Display+Business+Late+This+Year/article21967.htm
http://9to5mac.com/2011/06/21/apple-to-launch-ios-powered-tv-display-this-fall/
http://www.macobserver.com/tmo/article/rumor_claims_Apple_entering_tv_business_-_for_real_yo/
http://www.techtree.com/India/News/Apple_May_Enter_TV_Market/551-115425-547.html
Taking into account you can buy a 27" Mac for £1400, I reckon a 32" TV would cost £800.
http://www.dailytech.com/Source+Apple+to+Enter+TV+Display+Business+Late+This+Year/article21967.htm
http://9to5mac.com/2011/06/21/apple-to-launch-ios-powered-tv-display-this-fall/
http://www.macobserver.com/tmo/article/rumor_claims_Apple_entering_tv_business_-_for_real_yo/
http://www.techtree.com/India/News/Apple_May_Enter_TV_Market/551-115425-547.html
Taking into account you can buy a 27" Mac for £1400, I reckon a 32" TV would cost £800.