Apple announces 3rd generation iPod touch

Speaking to the “Rock and Roll” media event in San Francisco, Apple Marketing chief Phil Schiller announced the 3rd generation iPod touch, featuring more processing and graphics horsepower and a better price point ($199 for 8GB, $299 for 32GB, $399 for 64GB).

Update 1: It appears only the 32GB and 64GB models will be getting the processing bump.

The iPod shuffle and iPod classic are also getting small updates. The iPod nano will get a video camera.

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