Apple has announced a new Apple TV that supports 1080p video. The device sports a slick new interface, which is almost iOS-like in its appearance. It lets you download movies you've already purchased on other devices via iCloud (as long as you're an iTunes Match subscriber paying the $25/year fee). You can also access photos you've captured on your iPhone via a dedicated Photo Stream app.
In a live demo of Extremely Loud & Incredibly Close the picture quality was fantastic. The device will launch March 16th for $99. Get all the pertinent details at Apple's official website.