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by josephholsten 5761 days ago
Translation from press release speak:

[The iPad is great for entertaining one person, but sometimes you want a TV because you want to entertain more than one person. Apple TV lets your TV be entertaining, as Steve Jobs demoed yesterday. It's $99, which is cheaper than an iPad. Also, you can bore people with slideshows of your last fishing trip if you have both. Compared to the old price of $299, it's priced like an accessory, like my fuschia Fendi iPad carrier fanny pack.]