NEW YORK (CNNMoney.com) - Apple may be phasing out its 60-gigabyte Video iPod, according to one analyst who tracks the company.

The company has told its distributors that the 60-gigabyte iPod, which launched in October and retails for $399, is "at risk" until the end of April, meaning that it could be discontinued or replaced, according to Shaw Wu, an analyst for American Technology Research,

Apple launched its video iPods in October

Wu does not own shares of Apple (down $0.94 to $63.05, Research), and his firm does not do banking business with the company.

In a note to clients, Wu said he believes the company is readying a wide-screen video iPod with Bluetooth headphones that could be ready as early as the June quarter. The analyst said his checks indicate that Apple is working on such a product.

Rumors of a wide-screen video iPod have swirled since earlier this year when the Apple rumor site Think Secret reported that Apple was working on a new video iPod.

The new device reportedly has a screen that covers the entire face of the iPod and a "virtual click wheel" that appears only when a user touches the screen. The design resembled a patent that Apple recently filed for a tablet computer.

Officials at Apple were not immediately available for comment.

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