Apple TV is not a television that is made by Apple company. It is rather a streaming media box that allows you to transmit multimedia files, such as video clips, music mp3, and YouTube video, from your computer, iPhone, and iPad.
The 3rd generation of Apple TV has just released a few weeks ago. It is very similar to the 2nd generation, but it support high definition upto 1080p.
Luckily, I am able to own one of the new Apple TV by using my AMEX reward points to purchase. So, yeah…I got it for free!! You can buy one for $99. I really recommend the Apple TV for those who already own apple products like iPhone and iPad. It is convenient to stream or share the content on your mobile devices to the television. It is very tiny and easy to setup!