Jobs answered it [the iPhone buzz] with the iPod Touch, which shares the same touchscreen technology that was the trademark of the iPhone. The device also features the ability to connect to Wi-Fi Internet hotspots and a full Internet browser.
The device will sell for $299 for the 8-gigabit version, and $399 for a 16- gigabit version.
To complement the new device, Apple unveiled an iTunes Wi-Fi music store. Customers can preview and purchase the song over the Web using a Wi-Fi connection to their iPod Touch.
Jobs also unveiled a new version of the Nano, which Jobs said was the most popular music player in history. The new Nano is wider to accommodate a 2-inch video screen and metal design. A four-gigabit Nano is $149, while the eight- gigabit version is $199.
Must... have... new... iPod...