
Apple first announced the new Apple TV broadband set-top box on September 1, pricing it at $99 and announcing a new business model for streaming rentals of TV episodes and movie files. With the new streaming model, Apple rents TV episodes from Fox and ABC for 99 cents, compared to the $1.99 price for standard definition episode downloads and HD downloads for $2.99.
To put that into perspective: Roku reported at the beginning of this year that it had sold 500,000 of its set-top devices after about a year-and-a-half on the market, and hopes to have sold more than a million of its box by the end of the year. So Apple is tracking well ahead of other, similar devices already in the market.
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