Apple unveils new iPhone model
New version features 16-gigabytes of memory; new iPod touch also added to lineup.
NEW YORK (CNNMoney.com) -- Apple added new models of the iPhone and iPod touch Tuesday that double the memory capacity of earlier models.
The new 16-gigabyte (GB) iPhone will sell for $499, and the 8GB model will remain at its $399 price.
Similarly, the iPod touch will be offered in a 32GB model for $499. Apple will continue to sell the 16GB and 8GB models for $399 and $299 respectively.
"For some users, there's never enough memory," Greg Joswiak, Apple's vice president of worldwide iPod and iPhone product marketing, said in a statement.