June 10, 2010 5:57 PM

More Powerful iPhone, iPod Touch Unveiled

(AP)  Apple Inc. updated its iPhone and iPod Touch lineup Tuesday, doubling the memory and setting a new premium price for its high-end models.

The latest iPhone features 16 gigabytes of memory and retails for $499. The previously released 8 GB version of the hybrid cell phone, multimedia player and wireless Internet device costs $399.

The new iPod Touch comes with 32 GB of memory and retails for $499. The older 16 GB and 8 GB versions of the combination multimedia player wireless Internet gadget cost $399 and $299, respectively.

The new devices are available through Apple's online and retail stores. The updated iPhone is also available through AT&T Inc.'s online and retail stores.

Apple said that all iPhone and iPod Touch models come with updated software that the company announced in January. It includes a new maps application and the ability to watch movies from the iTunes movie rental service.

Apple shares fell $2.29, or 1.7 percent, to $129.36 Tuesday.

© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
Add a Comment
by MacTrek777 February 6, 2008 8:48 PM EST
"Useless expensive toys in a depression. Very smart marketing strategy." - brianbwb

1.)I didn''t know we were in a depression.
2.)As for being useless I find my iPhone very useful.
3.)As for Apple''s marketing strategy, it seems to be working since people are buying them.
Reply to this comment
by rf35 February 6, 2008 4:33 PM EST
I''m sure the updated software on the iPhone is designed to patch the "hole" that allowed some people to get it to work on cell networks other than AT&T.
As far as either product goes, "I''d buy that for a dollar." However, for $500, they can keep ''em. I can''t get most Apple *** to work right anyway. Macs crash if I get too close to them and my iPod wipes itself every time I plug it in to update it. I think I''ll look into a Zune.
Reply to this comment
by brianbwb-2009 February 6, 2008 5:04 AM EST
...NOT...
Reply to this comment
by brianbwb-2009 February 6, 2008 5:03 AM EST
Useless expensive toys in a depression. Very smart marketing strategy.
Reply to this comment
.
Scroll Left
Scroll Right More »
CBS News on Facebook