Apple Releases New IPods, Cuts Prices

Apple Computer Inc. released new versions of its iPod digital music player and cut prices on existing models.

The price of the 4-gigabyte iPod mini was cut $50 to $199. A new 6-gigabyte version will sell for $249.

The 60-gigabyte “iPod photo,” which can display photos on its small color screen or when connected to a TV set, was cut to $449 from $599. A new 30-gigabyte model for $349 replaces a 40-gigabyte version for $499.

Apple shares rose $2.94 to $88.23 on Nasdaq.