Rumors suggest the next version of iteration will chop price to just $99 and add Netflix support, but details on supported resolutions and hardware remain hazy.

Of all the rumors we’ve heard about tomorrow’s alleged Apple TV unveil, the latest seems by far the least ambitious. And perhaps because of that, the most believable. According to Bloomberg, the revamped Apple TV will sport – drumroll please – Netflix streaming.

Bloomberg cites two anonymous sources “with knowledge of the plans,” who also confirmed earlier rumors that it would sell for $99. While that may represent a massive price drop from the $230 Apple TV units currently stocking Apple shelves, it would still butt the Apple TV up against the likes of many other inexpensive Netflix streamers, like the $99.99 Roku HD-XR, and even the Xbox 360 Arcade, which many stores now stock for $150.

Earlier rumors have also indicated a name change from Apple TV to iTV, hardware derived from the same A4 chip in the iPad and iPhone 4, and perhaps most surprisingly, a lack of support for 1080p video playback. The same sources suggested the iTV would run apps – a development that dovetails nicely with the Netflix rumors, considering Netflix released its first iPhone app less than a week ago.

Stay tuned to Digital Trends tomorrow for up-to-the-minute coverage of Apple’s music event, which begins at 10 a.m. PST.

Showing 2 comments

  1. rexiaoa at 8:55pm 31st August 2010 yes , The release of Apple TV is the true event of Apple on Sep 1. the $99 new Apple TV + Netflix is a perfect combination. I look forward to the interpretation of the ITV from Steve Jobs ! I am a TV fans , a movie fans , Since the Netflix can use in ipad , my movie life is more perfect , of course , this also related with my Aneesoft dvd to ipad converter pro . haha .
    1. BoogieBlues at 10:30am 1st September 2010 Just remember when you buy into this that AT&T no longer has unlimited data plans and video uses mass amounts of band width...you will be paying thru the nose for its use...also if you think Verizon will come to the rescue when they get Apple I stuff think twice they also did away with unlimited data plans...Boogie
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