Engadget has just received some fairly shocking intel on what exactly the next revision of the Apple TV will entail. According to Eng, the next Apple TV will resemble, both in form and specs, the fourth generation iPhone. An iPhone-like box (minus the screen) the Apple TV will run the iPhone OS, have a price point of $99, and have very few ports (possibly just power and HDMI-out). The unit will output video at a full 1080p, have 16 GB of storage, and an A4 CPU, again very similar to the fourth generation iPhone. The post goes on to say that WWDC attendants will not see the unveiling of the new device, as the project is still underway; an estimated release date is unknown. Engadget’s source does say that the product refresh had been planned for sometime and was not something that was spurred by a competitor’s product(s) *cough* Google TV *cough*.