Apple Releases Apple TV Software Update 5.0; Brings All-New Icon-Centric User Interface to Apple TV 2

Hot on the heels of introducing the next generation Apple TV, Apple has released Apple TV software update 5.0 for the second generation Apple TV (and the third generation Apple TV should come pre-installed with it).

The Apple TV software update brings the all-new icon-centric user interface to the second generation Apple TV. It doesn’t bring the capability to watch 1080p HD movies and TV shows as the hardware cannot support it.

It will also allow users to sign up for Netflix service using their iTunes account on both second and third generation Apple TV. Netflix announced this on their blog:

We’re always looking for ways to make the Netflix experience simpler and better. Starting today, you can sign-up for Netflix directly on your Apple TV and pay via your iTunes account. Plus, with the new third generation Apple TV, you’ll also be able to watch thousands of hours of great movies and television streaming on Netflix in 1080p high definition and with room-filling Dolby Digital 5.1 audio.

Now, with a software update on your Apple TV, this seamless sign up and billing experience extends to the second generation Apple TV. The new sign up and payment experience on Apple TV is available wherever Netflix is, including in the U.S., Canada, Latin America, the United Kingdom and Ireland. 

Please note that the iPhone Dev team has warned jailbreakers to avoid updating to iOS 5.1.

We’ll let you know as soon as we have more details about the changes and improvements in the latest Apple TV software update.