Apple.inc added a third iPod to the iPod touch series on Thursday. At just $229 the new iPod touch which accompanies 32GB and 64 GB models. But the low prices come with it's own set of trade terms.

Meanwhile the 16 GB iPod Touch features the 4-inch Retina display and dual core A5 processor as its siblings, the new cheapest iPod touch just featured in two colors but it lacks rear camera.  But the 32 GB iPod, which is $70 more, comes with double the storage space and it also features 5-mega pixel iSight camera to the back, and added with Touch Loop for extra security and Stability. And it comes in multi color and the Apple Store - exclusive RED Color, which sees a portion of every sale go towards helping fight, AIDS in Africa.

Brand new iPod Touch 16 GB is clearly known as its basic model and by losing the rear camera it makes the device lighter. 16 GB iPod Touch is two gram lighter than 32 GB and 64 GB.

After introducing this exclusive new 16 GB iPod Touch, Apple ripped off the other 16 GB iPod Touch which has been sold out for $199. So this will make the options far less confusing for customers in the market for a new iPod. Before the introduction of this new iPod, Apple CEO Tim Cook spoke at the D11 Conference in Rancho Palos Verdes, Calif., where he announced his Company's intention to roll out the newest software for iOS and Mac at Apple's Worldwide Developers Conference (WWDC).

And this year the company has reported that, along with the new iPod touch, they are developing a cheaper made iPhone. This cheaper made is referred as iPhone 6, which is released along this late 2013.