Apple released new iPhone and iPod Touch models today that cost $100 more than their predecessors and have double the memory. The new iPhone boasts 16GB of memory, and the new iPod Touch has 32GB; each costs $499. "For some users, there's never enough memory," an Apple VP told the San Jose Mercury News.
Original iPod Touch versions—which have no cell phone features—are the 16GB model for $399 and 8 GB model for $299. The previous highest-capacity iPhone offered 8GB for $399. Both new gadgets offer the latest software updates, including iTunes movie rental service.