From MacWorld:
So I guess Kevin Rose was right all along...
PhotoAfter summarizing the existing iPod product line, Jobs explained that the iPod mini is what all of Apple's competitors are aiming for. Apple is "going to do something pretty bold," he said. Apple is "replacing it with something new."
Jobs calls the iPod nano "an entirely new ground-up design, that also has 1000 songs in your pocket." The white device features a color display and can support photos, uses a grey click wheel to navigate, and is 80 percent smaller in volume than the original iPod -- thinner than a number two pencil, said Jobs. The iPod nano weighs 1.5 ounces or 42 grams
Compared to the iPod mini, the iPod nano is half the thickness and 62 percent smaller by volume. It uses a 30-pin dock connector, so the iPod nano plugs in to existing iPod accessories, and can also connect using USB 2.0. It features a 14-hour rechargeable abattery.
The iPod nano also features a new graphical clock, games, stopwatch and lap timer, and a screen lock that uses the click wheel like a combination lock.
"White is our signature color for the iPod ... but we decided to so a second color, and we tried it because it looked so cool," said Jobs, "so we're doing a black model as well."
The iPod nano ships today in 2GB and 4GB confiugurations for US$199 and $249 respectively. Apple is also offering customized iPod nano accessories including a $29 dock, $39 lanyard with built-in headphones, color-coordinated armbands for $29 each, and "nanotubes" -- green, purple, blue and pink slipcases, sold in boxes of five, for $29 each.
So I guess Kevin Rose was right all along...