iPod nano upgrade - new colours, features, more storage

Open season for speculation as to the nature of the new products Apple executives promised are on the way from the company has once again truly begun.

Many predict the company may at last introduce us to a sub-$1,000 subnotebook Mac, others expect cheaper Macs to appear as the company attempts even more expansion of its market share.

But there's activity due too on the iPod side of the Apple product triptych, and the latest rumour to emerge says the company's product development teams are engaged in summoning up the next-gen digital music player.

Citing sources in Asia, 9 to 5 Mac is reporting that Apple's plans include a new multi-colour iPod nano, this nano will be encased in a multi-coloured rainbow like chassis. The site (which correctly predicted last year's iPod line-up) also states that storage will double, and new features will be added.

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