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Apple introduces next generation iPods, lowers iPhone costs

It's been a big day in Apple land! The forward-thinking company has just launched its next generation of iPods featuring a sleek new design -- the iPod touch. It looks just like an iPhone, without the phone!

Apple will still offer the "iPod classic" in a new metal case, and it will be able to play up to 40,000 songs. Apple has also revamped the Nano, which now features video on a 2-1/2 inch screen. And in even better news, Apple has lowered the price on the super-popular iPhone down to $399 for the larger 8-gig model, phasing out the 4-gig being sold only while existing supplies last.

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