Cupertino, Calif. - Apple (NASD: AAPL) on Tuesday introduced new iPhone and iPod touch models with increased memory, including a 16GB iPhone ($499) and 32B iPod touch ($499). "For some users, there's never enough memory," said Greg Joswiak, Apple's vice president of worldwide iPod and iPhone product marketing. "Now people can enjoy even more of their music, photos and videos on the most revolutionary mobile phone and best Wi-Fi mobile device in the world."

Apple also offers an 8GB iPhone ($399), and 16GB ($399) and 8GB ($299) iPod touch models.

Related Links:
http://www.apple.com/pr/library/2008/02/05iphoneipodtouch.html