NEW YORK (CNNMoney.com) -- Parents have reason to rejoice this year, because it looks like bulky is out and flat is in - with toys, that is.
The latest in the trend is Paper Jamz, about to be unveiled by WowWee Toys at the industry's annual Toy Fair in New York later this month
Paper Jamz is a line of six toy guitars, six drum sets and an amplifier. Despite its name, the toys aren't exactly paper-like or paper-thin, but pretty close.
The guitars are less than an inch thick, the drums are just over an inch thick and all the different models are completely flat. The amplifier is made of cardboard.
Paper Jamz follows on the heels of the first-ever folding Hot Wheels cars, being rolled out by No. 1 toymaker Mattel (MAT, Fortune 500), which transform from flat into a 3D remote-control vehicle with the push of a button.
Marc Rosenberg, a spokesman for WowWee, admitted that Apple's products have served as an inspiration not just to toymakers but across industries, showing "the marriage of design, shape, color meshed with form."
"Their products tend to stand apart, and that's what we're aiming for with Paper Jamz," said Rosenberg.
From an investment perspective, flat toys are also cheaper to make. For WowWee, flat toys mean less raw materials used and lower production costs.
Each Paper Jamz instrument comes with three songs built into it, and the guitars and drums all have the same set of songs.
Instead of using actual strings to play the guitar, you strum the chords drawn on the surface with your fingers.
With the nine-piece drum sets, kids play the different components -- the cymbals, the bass drum and such -- with a touch of their fingers. There's also a karaoke mode in the toys, and kids can also jam freestyle and create their own music.
"It's also one of the coolest innovations in toys, kind of like an air guitar but it actually plays," said toy expert Chris Byrne. "It really is a fun product and the price is affordable in this environment."
"Think about it, for $65 parents can buy their kids a full drum set, a guitar and an amplifier," said Rosenberg
Chipotle has to make some changes to its employee handbook after federal regulators ruled that four of its policies are illegal. The ruling also carved out some more clarity to how labor laws protect workers' comments on social media. More
The U.K. is preparing to split from the European Union, which means about $1.3 trillion in trading relationships will have to be reset. More
A group of big banks led by UBS is planning their own version of digital cash, using blockchain, the technology underpinning Bitcoin. More
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More
An impending October rule change by the Securities and Exchange Commission ? a reform that stems from the 2008 financial crisis ? is spurring a mass exodus from some of these funds. More