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Apple unveils higher capacity iPod and iPhone
Apple Inc introduced new models of its popular iPod touch handheld computer and iPhone with double the memory that was available in the current versions.
- Reuters
- Published: 23:41 February 5, 2008
New York: Apple Inc on Tuesday introduced new models of its popular iPod touch handheld computer and iPhone with double the memory that was available in the current versions.
Apple, which said in January it had sold more than four million iPhones since sales began last June, says the iPhone will now also sell with 16 gigabytes of memory.
The iPod touch, a wireless touch-screen device that plays music and videos, adds a 32 gigabyte model.
Both devices will sell for $499, Apple said.
Apple will continue to sell its iPhone with eight gigabytes of memory for $399, and two lower-capactiy versions of the iPod touch, 16 gigabytes and eight gigabytes, for $399 and $299, respectively.
The updated models come amid a slump in Apple's stock, due to fears that a US recession could make consumers less likely to buy iPods or iPhones.
The stock, which closed yesterday at $131.65 on Nasdaq, is down more than 33 per cent so far this year.
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