New Apple TV Sales To Top 1 Million This Week, iTunes TV Show And Movie Rentals Soaring

Leena Rao

Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Tuesday, December 21st, 2010

Apple just issued a release announcing that it expects to sell one million units of its newly released Apple TV later this week. Apple also announced that iTunes users are now renting and purchasing over 400,000 TV episodes and over 150,000 movies per day.

As of mid-October, Apple has sold around 250,000 new Apple TVs, which were released to the public in late September. During Apple’s third quarter earnings call, Apple CEO Steve Jobs commented on the new version of Apple TV, “It’s a great product and its $99 price point is very enticing.”

We’d heard reports that new Apple TVs were selling like hotcakes, thanks to a lower price point and a host of new features. Notably, with the new Apple TV, the company moved the product over to the streaming model, allowing users to stream movies and TV shows from the iTunes store or from a computer in your house.

Product: Apple TV
Website: apple.com
Company Apple

Apple TV is a network device for both Macintosh and PC computers that allows users to download, stream, and view High Definition television shows on demand via iTunes.

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