Apple today unveiled a new 1GB iPod nano for $150 as well as reduced prices on the iPod shuffle line. The new 1GB Nano offers the same features as the 2GB and 4GB iPod nano models and holding up to 240 songs or 15,000 photos. "The new 1GB iPod nano's ultra-portable design is thinner than a #2 pencil and features Apple's patent pending Click Wheel and the same gorgeous color screen as the other iPod nano models." In addition, Apple has reduced pricing on its iPod shuffle, offering the 512MB and 1GB models for $69 and $99, respectively.

"Now everyone can afford an iPod nano, with our new 1GB model starting at just $149," said Greg Joswiak, Apple's vice president of Worldwide iPod Product Marketing. "The iPod is the world's most popular digital music player with over 40 million sold, and now even more music lovers can experience the unrivaled combination of iPod and iTunes."