It was rumoured for a couple of weeks that Apple was preparing a new smaller capacity iPod nano to fill the gap between the iPod shuffle 1GB and the iPod nano 2GB and today the company launched its iPod nano 1GB.
This new ultra-portable digital audio player can hold up to 240 songs. Just like the other iPod nano players it doesn't use a hard disk drive but flash memory. The price of this model is $149, making it the most affordable Apple iPod.
Additionally, Apple also cut prices of its iPod shuffle lineup today. The 512MB shuffle drops from $99 to $60 and the price of the 1GB shuffle has dropped from $129 to $99.
The new iPod nano is immediately available in black and white worldwide for a suggested retail price of $149.