The new, smaller Apple TV announced Wednesday will stream 720p HD video thanks to the same custom-built ARM A4 processor found inside the iPhone 4, iPad and the new iPod touch.
On the technical specifications page for the new Apple TV, the company prominently advertises that the new $99 device features the A4 processor. Apple Chief Executive Steve Jobs also noted during his keynote Wednesday that the fourth-generation iPod touch has also gained the A4, but that feature is not listed on the product’s tech specs page. APPLEINSIDER