Apple TV $99?

Engadget have the scoop on the next generation of the Apple TV/ They say the next version will be iPhone 4 based and move away from the OSX based platform of the current device. So we could see flash storage and maybe some kind of app store, Endadget say it could sell for $99 and move away from local storage

I have an Apple TV and apart from running Boxee on it I find it pretty limited for my usage so it will be interesting to see the move to an iPod/phone/pad type model could work

If you thought that Apple’s foray into the world of home entertainment died with the last iteration of the Apple TV, you’re quite wrong. A tip we’ve received — which has been confirmed by a source very close to Apple — details the outlook for the next version of the Apple TV, and it’s a doozy. According to our sources, this project has been in the works long before Google announced its TV solution, and it ties much more closely into Apple’s mobile offerings. The new architecture of the device will be based directly on the iPhone 4, meaning it will get the same internals, down to that A4 CPU and a limited amount of flash storage — 16GB to be exact — though it will be capable of full 1080p HD (!). The device is said to be quite small with a scarce amount of ports (only the power socket and video out), and has been described to some as "an iPhone without a screen." Are you ready for the real shocker? According to our sources, the price-point for the device will be $99. One more time — a hundred bucks.

Read the rest on Engadget, it looks like the battle for the home continues