Apple announced that it has begun shipping the iPod Nano

Described as an entirely new ground-up design with 1000 song capacity. The Nano will feature a color display and support photos. The device is 80 percent smaller in volume than the original iPod and thinner than a number 2 pencil. The device weighs 1.5 ounces.

Jobs calls the iPod nano “an entirely new ground-up design, that also has 1000 songs in your pocket.” The white device features a color display and can support photos, uses a grey click wheel to navigate, and is 80 percent smaller in volume than the original iPod — thinner than a number two pencil, said Jobs. The iPod nano weighs 1.5 ounces or 42 grams.

The Nano will come in white and black, with a grey click wheel. It will come in 2GB and 4GB configurations and sell for US$199 and $249 respectively.