BREAKING NEWS! Apple's new iPod Touch hits the market!

There's at least $687 worth of iPods in this photo.

A few months after the 4th generation iPhone went public, now it's time for the 4th generation of the Apple iPod Touch to debut. Known as the "iPhone without a phone", the new iPod Touch has a ton of new features that's best described at Apple's website. You can go to it here.

Apple also debuted new versions of the Nano, Shuffle and Apple TV, which we'll touch on in a later post.

What does this mean for Apple? Well, the Christmas buying season is soon approaching and there is just enough time for teens to get whipped into a consumer frenzy and beg their parents or grandparents for this exact item. It is expensive, starting at $229 for the 8gig version, but I predict that Apple will not be able to keep them in stock.

That is the most sure-thing prediction since I predicted my teenager would be hungry at dinner time.