This morning Apple released new versions of the iPhone and iPod touch with each receiving double the memory. The iPhone now comes in a 16 GB model for $499 while the iPod touch now comes in a new 32 GB model for $499. The existing 8 GB iPhone remains at $399 while the iPod touch will continue to sell a 16 GB model for $399 and an 8 GB $299, respectively. 
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