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All that speculation that Apple Computer would unveil a video iPod on Wednesday was right.

The company also rolled out a new iMac and a new version of iTunes, iTunes 6, just five weeks after the debut of iTunes 5.

The iPod has "been a huge hit for is so it's time to replace it," Apple CEO Steve Jobs said as he showed off the new product at a press event in San Jose, Calif.

"Yes it does video," he said. The music player will come in a 30GB model for $299 and a 60GB for $399. Those are the same prices as current models with the same capacities.

Jobs kicked off the event by revealing a new iMac that will be similar to the current model, but thinner. It will have a built-in iSight camera with still and video capabilities and a remote control with a 10-foot range for music, photos and video.

At the gathering, Jobs used the tiny white remote control like an oversized iPod Shuffle to play a Black Eyed Peas video and an "Incredibles" DVD and also to play home movies and photos.

Through the new version of iTunes, consumers will be able to buy TV shows, in addition to music. Shows available for purchase one day after broadcast will include ABC television offerings "Lost," "Desperate Housewives" and "That's So Raven." It will take 10 to 20 minutes to download an episode, said Jobs. Each will cost $1.99 and will be ad-free.
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Read More / Source: News.com
Photos (iPod, iMac): BetaNews

Note (Additional details from around the web):

Video Ipod: 320x240 pixel display supports 260,000 color, has a video-out jack for TV hook-up. Real-time decoding of MPEG-4 and H.264 video content is supported.

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