The iPod nano will have a 1.5-inch colour display and will be 80 percent smaller than the original iPod and 62 smaller than the iPod mini as it's only .27 inches thin! It weighs only 1.5 ounces (42 grams), measures 3.5 x 1.6 x 0.27 inches and has a battery life of 14 hours.
Other new features are a graphical clock, games, stopwatch and lap timer.
The iPod nano 4GB is immediately available for $249 and the 2GB version for $199.
Apple also ships some accessories for the nano: a $39 lanyard with built-in earphones, a $29 dock, $29 color armbands and boxes with green, purple, blue and pink nanotubes slipcases for $29.
What do you think about this player? Personally I think its great. It may be a little bit limited to only 2 and 4GB but the size is really impressive. I thought 'what the hell' for a second when I saw how thin it only was. But I do wonder why Apple didn't decide to launch a new iPod mini with a 8GB hard drive.
Update: Sony launched two new Walkman MP3 players on Thursday. One has a 6GB HDD and the other one offers 20GB storage capacity. More info here.