Once connected to your Wi-Fi network, users can watch live TV wirelessly on a portable computer or iPad, anywhere inside the house.

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Announced May 17 with the cryptic model name PCV-RX490TV, it's a personal computer that lets you watch TV, DVDs and home videos on its monitor.

FORBES: Magazine Article

Emerging markets, where people may be more likely to watch video on their phones than on a desktop computer or even a TV, are a big target.

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Such technologies could allow users to watch shows they have saved or purchased on two different devices, like a TV and a computer, without having to buy or record the shows twice.

WSJ: Apple Moves Forward With TV Plans