Apple Drops iPod Touch Prices, Adds iOS 5 And iCloud

Apple's on an unveiling spree right now, and the next thing on their list is a slightly tweaked version of the iPod Touch. First things first, Apple dropped the price down to $199 for the most basic 8 GB model, down from $229. The price drops have hit across the board, with the 32 GB model going for $299 and the hefty 64 GB going for $399.

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