Apple iPod shuffle to get smaller in January?

Apple Insider heard Apple may launch a new iPod shuffle in January that will be noticeably smaller than the current model.

Shaw Wu, an analyst from American Technology Research, claims the digital audio player may be smaller than a pack of gum and will feature multiple colors.

The new Apple iPod shuffle is believed to come in at $99 for the 512MB model and $129 for the 1GB model.