According to internal Best Buy documents, the Apple iTV could cost $1,499 when it hits stores. Alongside built-in iOS, iCloud, and iTunes support, the iTV could come with a 42-inch screen, 1080p playback, and stocked with an iSight camera for Skype calling. The documents also reveal that the so-called "Apple HDTV" can be controlled with an iPad or iPhone.
The iTV info comes from Best Buy customer surveys that are aimed at gauging interest on upcoming products and releases.
There's more support for a rumored launch of a revamped Apple TV service later this year. Now more people close to the deal say that Apple is in talks to offer 99 cent TV rentals of popular shows with Fox; CBS and Disney are also rumored to be dealing with Apple.
These reports come just as news surfaced that the number of new cable TV subscriptions is falling as customers presumably turn to the web to get their TV fixes.
I still pay for cable TV in my house, but with more and more options available to watch online, I'd seriously consider dropping the service to save a little cash. Could you do it?
Rumored news of an updated Apple TV surfaced a few months ago, and now there is more information on the new version of the often-overlooked Apple product. According to "a trusted source," the new $99 Apple TV will be renamed iTV 
(iOS, iTV . . . I'm noticing a pattern here) and will not be enabled to handle 1080i or 1080p video; it will instead play only at 720p. Apparently the A4 processor included in the new iTV (the same processor in the iPhone 4) can't handle the higher resolution content.
For more rumored details about the new iTV, keep reading.
