In the Steve Jobs Biography written by Walter Isaacson Steve hinted about his idea of an actual Apple Televison,
“‘I’d like to create an integrated television set that is completely easy to use,’ [Jobs told Isaacson]. ‘It would be seamlessly synced with all of your devices and with iCloud.’ No longer would users have to fiddle with complex remotes for DVD players and cable channels. ‘It will have the simplest user interface you could imagine. I finally cracked it.’”
Guilherme M. Schasiepen an artist on Flickr created this mockup:
He has also created a full 360 view here.