According to a report by 9to5Mac, the fourth generation device is said to feature a mix of new and familiar hardware. In fact the new device is supposed to sport a much faster processor than the existing Apple TV. Add to that the presence of a color-matched remote control and a somewhat larger body. The disappointing fact though is the lack of support for 4K video streaming. Further the port seen in the third gen model will be carried on to this generatio TV.
While the existing Apple TV, released back in 2010, has 8GB of internal storage for caching media, the fourth-generation boxes in testing surprisingly range from 8GB to 16GB of storage! The report further claims that Apple is considering two pricing strategies - the simultaneous release of a $149 base model with 8GB of storage alongside a $199 16GB model. The release of only a 16GB Apple TV model at $149 is also on cards.
Furthermore, the new Apple TV runs on iOS 9 which includes a number of new features like reducing the file size of App Store apps, including the ability to load games in level-sized chunks and stream rather than store videos within app binaries. Tipsters hint that the new Apple TV will be sport the similar A8 chip as seen in the iPhone 6 and iPhone 6 Plus. This a substantial upgrade considering the fact that 3rd gen Apple TV donned a A5 chip.
The report by 9to5Mac further adds that, unlike the silver remote that comes with the current box, the new remote will be a dark gray/black color to better match the new box's aesthetic. However it is still be made out of metal. Below the touchpad are a pair of tactile buttons (for Siri and the Home button), in addition to volume rocker buttons.
Additionally the new Apple TV would look similar to the older model, but will be taller and slightly thicker. According to previous leaks the new Apple TV will also Siri Support for universal search.
To sum up, the new Apple TV looks to be the first major upgrade to a device that was launched way back!