Apple is planning to launch the iTV, the television it’s working on in the start of next year. It will be available in the second quarter according to various sources.
There are also roomers in the market that Apple may name it’s TV iPannel. Apple is expecting the iPannel or iTV will change the TV market, which is dominated by Sony Company right now.
Apple’s iTV is not just an ordinary TV it is a display, gaming center, media hub, computer, home automator, etc.