News Update: Digg Founder Predicts Features of Apple Inc's Anticipated iTV

Founder of Digg.com, Kevin Rose, has made some predictions on his blog about Apple Inc's (NASDAQ:AAPL) iTV set-top box - formerly known as the Apple TV.

The new face-lifted iTV will reportedly run for about $99 and the system will operate on Apple's iOS.

Rose writes that customers should see Apple unveil iOS TV applications, app stations complete with Apple iAds, where content producers will be able to distribute their content.

Rose says this feature could potentially cut out users' monthly cable bills in place of an Internet-connected television content base.

Rose predicts that users will be able to share pictures and video via their iPhones through the set-top box and that the iPad could become the iTV's complete input device for game control, editing videos, and more.

Fans will be able to see if Rose's predictions come true this September, when the iTV is slated for release.

SmarTrend currently has Apple in a Downtrend.

Since 2008, SmarTrend subscribers trading Apple using our alerts outperformed the stock by 33%.

We are monitoring these developments and will alert subscribers to any change in trend.

Shares of the company are trading down 0.81% Monday afternoon at $247.62.

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[magellanoo]

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