Apple today announced that the iPod shuffle is now even more affordably priced at $49 (£32) and that it is introducing a new 2GB model of the iPod shuffle for $69 (£45).

Apple has announced that it has added a new pink iPod nano to the current selection of iPods. The move comes ahead of next months Valentines day.

A report from Reuters notes that an increasing shift to flash-based storage has forced Fujitsu and Hitachi out of the ultra-small rotating hard drive business.