Apple Ships 2GB iPod shuffle

For iPod shuffle, it's about time for Apple to slash the price and to come up with a new model. The 1GB has been going for $79 for nearly 6 months, and it's no brainer demand has been slowing down. Last week, Apple had cut price by $30 to $49 for the original shuffle, and also introduced a 2GB version, which is now shipping for $69 - a full $10 cheaper than the 1GB's old price point. The new model - still screen-less - will hold 500 songs encoded at 128kbps AAC and can continuously playback for 12 hours straight. Both capacities will come in all five colors, including the Product RED.