SlasheApple Debuts 1GB iPod Nano, Slashes Prices on iPod ShuffleAuthored by Mark Hefflinger on February 7, 2006 - 4:51am.
Cupertino, Calif. - Apple on Tuesday debuted a new $149, 1GB iPod Nano, adding a smaller capacity model to existing 2GB and 4GB versions of its flash memory-based portable music player line. Apple also announced lower pricing for its iPod shuffle, its smallest player and the only model without a display screen. The 512MB shuffle now costs $69, down from $99, while the 1GB shuffle was discounted from $129 to $99. "The only other company that has cheaper products out there is Creative," Gene Munster, an industry analyst with PiperJaffray, told the Associated Press. "So not only are Apple products the best, now they're also the cheapest, which makes it impossible for others to compete." Apple has also started a countdown to the one billionth song to be sold from its iTunes Music Store, which the company said last month has now sold 850 million songs. Prizes will be given at 100,000-song intervals along the way, with the purchaser of the 1 billionth song to receive an iMac, 10 iPods and a $10,000 gift certificate to the iTunes Store.
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