We’ve got some exciting news regarding Apple’s TV and the WWDC.  BGR recently reported that a trusted source told them that Apple has plans to demonstrate the iTV at the Worldwide Developers Conference next week.  It’s reported to be just  demo and not the official unveiling of the product.

This OS system for television set is reported to have more features than the current one that will be shown. It’s also reported that the company is trying to convince manufacturers to utilize the new “control out” API in hopes that third party manufacturers to design accessories that are compatible with the new iTV and operating system.

One of the most exciting things about this potential television set is that it could completely change  home theater and cut the need for thousands of infrared cords and physical cables.  It’s expected that the iTV would utilize a simple iPhone or iPad application to operate.

The potential iTV is an exciting prospect for both Apple fans and everyday tv watchers who want simplicity.  Moreover, an iTV could completely change the way people utilize the internet and technology, even more than how the iPhone and iPad has. I can see this new tv set providing everything you’d expect from a smart tv while adding special touches that only Apple could offer like maybe a high-definition camera or maybe a solid speaker system. Whatever they have in store, I’m sure that it will be beyond impressive. I personally would like for them to take the Netflix, Inc. (NASDAQ:NFLX) route ditch their pay-per-download purchases and rentals for a one-price-a-month streaming fee for movies and television shows. I think that move would benefit the company in a big way. It would be just easier to stream stuff directly on your television set and I’m pretty sure they’d easily win over the Netflix and Amazon.com’s Inc. (NASDAQ:AMZN) customers.