
Today, Apple updated its iPod touch line to a 5th generation model which incorporates the same larger 4" screen as the just announced iPhone 5. At only 6.1mm thin and 88 grams, the iPod touch is the lightest iPod touch they've created. The new iPod touch also contains the A5 processor.
Apple is promising 40 hours of music playback, and 8 hours of video, slightly increased over the 4th generation Touch. The back camera is much improved to a 5-megapixel, backside illuminated, f/2.4, 5-element lens, with the same sapphire crystal lens cover as the iPhone 5. The front camera is also upgraded to a 720p camera. The new iPod touch also supports the new Panaroma feature and also includes Siri.

The new iPod touch comes in five colors and will be available in October at $299 (32GB) and $399 (64GB). The 4th Generation iPod Touch will remain at $199 (16GB). Preorders for the new iPod Touch begin September 14th.

The new iPod nano comes in 7 colors and will be available in October for $149. Preorders for the new iPod Nano begin September 14th.
The iPod Shuffle was upgraded with new color choices, but the same $49 pricing and 2GB capacity.
Article Link: Apple Announces 4-Inch iPod Touch, Multitouch iPod Nano