iTunes 11: 'The device cannot be found' when attempting to restore an Apple TV
Apple TV (2nd generation), Apple TV (3rd generation), iTunes 11
In rare instances it may be necessary to restore your Apple TV (2nd or 3rd generation) using iTunes. If you attempt to do this using iTunes 11.0, you will see the following error:
To resolve this issue, update to iTunes 11.0.1 or later.