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The fourth-generation Apple TV is the company’s first new model in nearly three years, with older Apple TV units having long felt outdated. In recent years Apple has faced stiff competition from Amazon AMZN -1.68% , Google GOOGL -2.43% , and Roku. Over the years, each competing TV service has added new games and content providers, along with voice search capabilities to their respective platforms. Moreover, each company has also released new streaming products within the past month, putting even more pressure on Apple to upgrade its TV services.