According to information obtained by Bloomberg, Apple is working on a new version of the set top Apple TV. The company is also engaged in talks with media partners including Time Warner Cable to bring content to the new device. In addition to new content partners, the new Apple TV would have an updated processor and improved user interface to allow for easier navigation between content. The report claims that Apple hopes to announced the device with a release planned for the holiday shopping season. The Apple TV could be just one of a number of new devices from the company this year as CEO Tim Cook has promised "a year full of new product introductions."