How Apple is Building Its Media Empire
At a much-anticipated event Wednesday, Apple announced an overhaul to its Apple TV device and video rental pricing plan. The size of a hockey puck, the new Apple TV box is designed to allow users to stream TV shows and movies withe greater ease and at a lower price. Steve Jobs also discussed new features for Apple's iPods, and a new social network connected to iTunes. (Video from Sam Gustin.)
As Apple prepares for a press conference in San Francisco on Wednesday, speculation about the coming news is running rampant.
Apple Inc (AAPL) may introduce a new line of iPods at an event on Sept. 1. In recent years, the technology giant has used September events to unveil a new iPod in time for the holiday spending spree, Reuters reported. It frequently showcases new features for its iTunes online media store in September as well.
Business News You Need Today: Aug. 26, 2010
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