Jobs Slashes Apple TV Price, Unveils 'Ping' Social Network

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

Computerworld/NY Times, 9/1/10

Apple today introduced a dramatically smaller and less expensive Apple TV that streams rented movies and TV programs to high-definition television sets, making good on rumors that the company would push what CEO Steve Jobs has long called a “hobby” part of the business.

Jobs also laid out a completely revamped iPod music player lineup, talked up a pair of upgrades to its iOS mobile operating system and touted changes to the company’s iTunes music software and store that add some social networking-like features.

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