Apple expected to introduce new iPod touch, iTV today

Apple, Inc, will hold its annual fall media conference Wednesday at 10 a.m. PST, and Steve Jobs is expected to announce a revamped Apple TV set-top box as well as introduce a new iPod Touch that will rival iPhone in screen resolution and other features.

The event will be streamed at apple.com and requires a Mac computer running the OSX 10.6 Snow Leopard operating system and the Safari web browser, an iPod Touch or iPhone running the iOS 3.0 operating system or higher or an iPad.

Businessweek has reported that Jobs will introduce a new $99 Apple TV product that will stream movies and other content from Netflix. The current Apple TV costs more than twice that and is basically a movie and TV rental service that allows users to get content from iTunes and watch on their TV.

Other published reports have speculated that the new Apple TV will also allow users to download TV series for 99 cents per episode shortly after they air.

I think we can expect to see a new iPod Touch that will look a lot like the squarish iPhone 4. I think the new Touch will feature Apple's "Retina" display, front and back cameras and include FaceTime video chat. It will be interesting to see if Apple allows 3G over the device, which may include a microphone and would then allow users to make calls via services like Skype.

A new smaller iPod nano with a touch screen is also expected to debut.

Speculation is running wild about Apple TV and a new iPad 4.0 operating system that will bring features like folders to iPad. Apple may also debut a new iLife suite, which includes Apple's photo software (iPhoto), website creation tool (iWeb) and DVD creator (iDVD).

The wildest rumors claim we'll hear about the white iPhone 4 and the Verizon iPhone at the conference. Meanwhile, a Mexican carrier is claiming that we'll see a new iPhone 4 released at the end of September that has been redesigned to thwart the antenna issue that has caused some users to lose signal.

We'll have a full report tomorrow on what Apple does -- and does not -- do. As usual, the guys in Cupertino sure do know how to get the tech masses into a lather.