Apple has rolled out an iPod with a touch screen that can browse the internet wirelessly, Inc sharply cut the price of its iPhone as well as making improvements to its iTunes web store.

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Like a baseball pitcher with a wicked change-up, Apple Chief Executive Steve Jobs has people guessing wildly about what he'll deliver this week. Particularly if it's a revamped iPod lineup, as many people expect, it could set the tone in the portable music market for the upcoming holiday shopping season.

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Ah, another Apple media event. Apple seems to like giving them and we love viewing them. For many of us it's yet another opportunity to put on our seer's hat (mine is a purple beanie with glittery zodiac signs inscribed around the brim and the obligatory USB port in the back) and guess, divine, or do that hoo-doo we do so well and predict what goodness Apple will lay on us this time

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Wherein we plunge into the rumor-infested waters surrounding the Sept. 5 magical mystery Apple announcement. We want our sixth-generation iPods … now!

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Steve Jobs, Apple's chief executive, is going to brief journalists today worldwide. It is expected he'll announce a new full-screen version of the Video iPod.

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If Apple revamps its iPod lineup this week, as many people expect, it could set the tone in the portable music market for the upcoming holiday shopping season. And Microsoft will no doubt be watching closely.

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Apple is expected to introduce new iPods next week--that would make three Septembers in a row--as it tries to corner the video-player market.

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Start saving now: A new edition of Apple's digital media player is likely out Sept. 5.

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Steve Jobs is on a tear. Can Apple keep all its new customers satisfied?

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iTunes may still be the undisputed king of online music, but other contenders are gunning for its crown. Dan Moren summarizes the recent developments in online music and how Universal, Rhapsody, MTV, and even Wal-Mart might hope to muscle their way past iTunes.

[News Source]