Apple launches first 1GB iPod Nano

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Apple Computer Inc Tuesday launched a new 1 gigabyte iPod nano music player for $149 and said it cut the price of its Shuffle music player. The new smaller Nano can hold 240 songs or 150,000 photos, the company said in a statement. Good news for those that wanted one for the holiday seasion, but never got one. Now you can go buy one for less!

It said that the price of its 512 megabyte Shuffle music player will sell at $69, down from $99. Its 1 gigabyte Shuffle model will sell for $99, down from $129.

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