Submission + - Apple updates iPhone and iPod Touch (u-bend.com) 1
u-bend writes: "Apple has released new, higher capacity models of the iPhone and iPod Touch. The new iPhone boasts 16 GB of storage and is priced at $499.00 (the 8 GB model remains at #399.00), and the new iPod Touch has 32 GB, also priced at $499.00. Although the price is still pretty hefty, it indicates that the capacity/price ratio on these wireless flash-based players is starting to move in the right direction."
