

The player does have a large effect on both those things. A player that supports the codec will not need server hw accept and hdr conversion as it will direct stream. A big issues is these codecs can cost money. So if the player doesn’t come with it the player needs to pay for it, something plex may be doing for those that purchased their subscription.
Swiftfin is the official Apple TV jellyfin app. Swiftfin is great on iOS, but hasn’t been updated on Apple TV for a while. It also lacks a lot of polish and features but it is being worked on. There should be an update soon.
I’ve been using infuse on Apple TV. Infuse isn’t open source and needs a subscription to watch most 4k hdr content. I think it’s worth it if Swiftfin gets an update soon.
Apple TV is definitely a better experience compared to Samsung and Android. Apps are nicer and there isn’t any ads, privacy controls and privacy statements are much better. Recommended content can also be disabled and only shows when your hovering over the relevant app.