Apple has yet to announce a new Apple TV set-top box, but when it does arrive, it will lack 4K streaming capabilities, according to BuzzFeed.

While 4K has been a major buzzword lately, and streaming services like Netflix and Amazon are experimenting with it, 4K is not quite ready for primetime, so Apple is waiting a bit longer to integrate it into Apple TV, BuzzFeed said.

That's not too surprising because there's really not that much to watch in 4K at this point. 4K is also a bit of a bandwidth hog, so you'll need a super-speedy connection to make sure things go smoothly.

As for a new Apple TV, Cupertino has not given its streaming device an update since 2012. But it recently dropped the price of the gadget from $99 to $69, suggesting that a new version might be on the horizon. According to a separate BuzzFeed story, the new Apple TV will make its debut at Apple's Worldwide Developer Conference in June.

For a long time, Apple said that its set-top box was just a hobby. But after hitting a milestone 20 million in sales last year, and making $1 billion in 2013, Cupertino is taking it more seriously. "It didn't feel right to me to refer to something that's over $1 billion as a hobby," Tim Cook said in 2014.

As we've seen with phablets and smartwatches, Apple likes to take its time, and rarely rushes to release a product just to be first or capitalize on a trend. It seems like we'll have to wait until the summer to see what it has been working on.