Is Apple TV about to move beyond its experimental "hobby" phase?
According to what some anonymous sources have told Engadget, the answer is yes.
On Friday, the gadget blog posted a report of what sounds like a detailed makeover of Apple TV in its current incarnation. The new device will reportedly be based on iPhone OS 4 software, including the homegrown A4 chip; have 16GB of local flash storage; come in a much smaller casing (reportedly the size of an "iPhone without a screen"); have just a few ports; and cost $99.