It was the worst-kept secret in streaming for the past few days, and now the rumors are confirmed. Apple has just announced their new Apple TV.

The new Apple TV is envisioned as a home base for all of your apps, one that makes use of “powerful hardware” and a “Modern OS.” This emphasis on power and hardware makes sense, given that rumors had long pegged Apple TV's price as higher than competition like Roku. Siri also seems to figure prominently in the new device, with Apple's promotional video showing users making verbal requests to search for content.

Final Update: Apple Has Wrapped Up the Apple TV Portion of Their Presentation

Here are the specs – check out all of our updates for more information!

Apple TV's specs:

64-bit A8 chip

Bluetooth 4.0

802.11ac Wi-Fi with MIMO

IR Receiver

Apple TV remote specs:

Bluetooth 4.0

Volume control

Accelerometer and gyroscope

Up to 3 months per charge

Lightning connector

Apple TV price:

32GB $149

64GB $199

Updates

[Update, 11:00 AM PDT]

The new Apple TV remote will have a touch surface, allowing users to interact with their device using just voice and touch. Apple TV will have cross-platform searching.

[Updated, 11:04 AM PDT]

Siri offers powerful seeking options. Users can say “skip ahead 5 minutes” or ask “what did he/she say?” For that second one, Siri will skip back 15 seconds and turn on closed captioning.

[Updated, 11:07 AM PDT]

Siri will also answer questions during your viewing. You can ask about the film itself (“who stars in this?”) or about unrelated things, like sports scores. Siri will answer silently at the bottom of your screen. If you want more information, a swipe of the touch remote will pause the content and give you a full-screen answer.

[Update, 11:12 AM PDT]

The new Apple TV will have plenty of app options, including familiar names like Netflix and Hulu as well as new games like the latest Guitar Hero. Useful apps like AirBNB's are also available.

[Update, 11:15 AM PDT]

Apple TV will have exclusive game apps, including a collection of music-themed sports games from Harmonix.

[Update, 11:20 AM PDT]

A speaker from GILT has detailed how the Apple TV will be used as a shopping device, too. Apps from individual retailers will offer online shopping experiences.

[Update, 11:23 AM PDT]

MLB.tv will be available for Apple TV with full and improved functionality, including multi-screen viewing, in-game alerts, and more.

[Update, 11:25 AM PDT]

Apple TV's specs:

64-bit A8 chip

Bluetooth 4.0

802.11ac Wi-Fi with MIMO

IR Receiver

Apple TV remote specs:

Bluetooth 4.0

Volume control

Accelerometer and gyroscope

Up to 3 months per charge

Lightning connector

Apple TV price:

32GB $149

64GB $199

[Update, 11:27 AM PDT]

The new Apple TV OS will be available to developers immediately so that they can start developing apps right away!

That's all, folks – Apple's announcement has moved on to the iPhone. If any further details about the Apple TV emerge, we're your source for updates!