The BBC reports that Apple has now confirmed the launch of the much-rumored Video iPod. The new iPod will be available in stores next week. There will be two versions: one 30 GB and one 60 GB. The 60 GB will retail for $299 in the U.S.
Mr Jobs said the 30 GB iPod should be able to store 75 hours' worth of video and the 60 GB version twice that. Despite both versions having more storage on board they are thinner than the existing 20 GB iPod.
To give people something to watch on their video-playing iPod Apple is planning to make available more than 2,000 music videos on the iTunes store that will cost £1.89 ($1.99 in the US) each.
Apple has also set up a deal with US television company ABC to let Americans purchase episodes of shows for $1.99. The shows will be available the day after broadcast. There was no information about when, or if, this service would come to Europe.
The timing of the release is no coincidence -- Apple is clearly hoping for another iPod holiday success. An MSNBC.com story on the new video iPod has more about Apple's deal with ABC to sell episodes of shows like Lost and Desperate Housewives for the new iPod at $1.99 each at the iTunes website.