Filed under: Products and services, Consumer experience, Apple Inc (AAPL)

For the second time in the past six months, Apple Inc. (NASDAQ: AAPL) has mixed things up by introducing new versions of the iPod and iPhone. The new versions come with increased memory, but of course, they also come with a higher price tag.

The new iPhone boasts a 16-gigabyte memory, and the iPod touch will now be available with 32-gigabytes. Both of the new devices will have a nice fat $499 price tag. With the added memory, the new iPods will be able to store roughly 7,000 songs, and you will be able to keep about half that amount on the enlarged iPhones.

With iPod sales growth slowing lately, introducing these new higher priced items could really help the company. During its most recent quarter, iPod sales growth slowed to 5%, down from 17% during the previous quarter. Despite the falling sales growth, the company still saw a 17% jump in the period. This compares with only 3.8% the previous quarter.

Continue reading Apple (AAPL) introduces bigger versions of the iPod and iPhone

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This entry was posted on Tuesday, February 5th, 2008 at 11:16 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.