DHAKA: Apple TV will be shipped to people by the end of next week.

That's according to CEO Tim Cook, who said that the TV will be available for purchase starting Monday, October 26.

He made the announcement during the Wall Street Journal tech conference in Laguna Beach, Calif. on Monday evening, reports the CNN.

Cook reiterated that TV as we know it needs to be "brought up and modernized."

"There's 700 channels on it but you can't find anything you want to watch," he said.

According to Cook, the television watching experience is in "another decade than the way you live on your iPhone or iPad or Mac."

"It's almost as if you step in a time capsule when you go in your living room and you turn on the TV ... Why does a channel even exist?" he said.

The Apple TV -- which retails for $149, more than its direct competitors -- will fundamentally change the way people watch TV, Cook said. The device will make it easier to purchase access to cable channels like HBO.

"Have you ever tried to buy HBO through a cable company? Try it tomorrow and see how many calls it takes you to do that," he said. "This model has outlived its usefulness."

Content owners will be forced to adapt, according to Cook.

BDST: 1230 HRS, OCT 21, 2015
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