The next-generation Apple TV will launch in October for less than $200, reports 9to5Mac. Citing sources familiar with the matter, the outlet claims that company executives are still finalizing pricing, but the latest options call for a starting price of either $149 or $199.
Since this will be considerably more expensive than other streaming media devices on the market, 9to5Mac says that Apple plans to keep the current third-gen Apple TV around. Its more modest $69 price tag will serve as an entry-level product into the Apple TV line.
This older set-top box will be compatible with Apple’s upcoming streaming TV service, which is expected to launch via an update sometime next year. It will not, however, support the rumored Siri-input option for voice control or the App Store with native apps and games.
These features will be exclusive to this year’s new Apple TV, along with its faster processor and refreshed user interface. The device is also said to include a new remote control, with a built-in touchpad, microphone for voice search and Nintendo Wii-like motion sensors.
Apple is expected to unveil its new set-top box, alongside updated iPhones, at a media event in San Francisco on September 9. It’s rumored that the company is also looking to introduce new iPads at the event, but it’s possible they’ll do this at a standalone event in October.