BGR:

42-inch 1080 LED display; Runs iOS; App Store functionality; iCloud for access to all your music, TV shows, movies, photos, and videos; iPhone and iPad as a remote control with AirPlay to push content from your devices to the TV; Built-in FaceTime camera and microphone (we’d imagine Siri, as well); Netflix, YouTube, Flickr support; and $1,499 price.

I have a hard time buying this, unless Apple is a lot further along than we thought it was.