It looks like we were blind-sided a little by that decidedly iPad-esque invite, because Apple has something more for us — it’s just announced the latest iteration of Apple TV and it can do 1080p video. The new UI inches slightly closer to iOS territory, with a splash of new color and a whole range of third-party apps willing to play with the new box. This includes access to Photo Stream alongside old favorites like Netflix, Flickr and YouTube. Expect improved connectivity to the iCloud (including your movie content) and better integration of your iTunes playlists directly from the refreshed UI. The good news: the price is going nowhere — the new model matches the 2010 version at $99.
Pre-orders start from March 8, 2012.
Source from: http://www.engadget.com/2012/03/07/apple-reveals-new-apple-tv-does-1080p-video/