According to info released by Engadget, Apple is going to unveil the new Apple TV, an iPhone OS 4.0 base display that includes Apple’s A4 processor. Moreover, Apple TV will be able to play Full HD video on your HDTV in 1080p and will come with 16GB of flash storage.

new-apple-tv

It seems the new Apple TV will primarily use cloud based storage, and you will also be able to stream movies from Apple’s Time Machine external storage solution. And similar to iPhone and iPad, you will be able to operate applications on Apple TV.

And perhaps Apple has not done with the testing yet, Apple TV is likely not going to be unveiled at WWDC next week.

Estimated Retail Price: USD99.-

[ Source: Engadget ; Apple ]