It’s a big day for Apple at their “And the Beat Goes on” gathering today in San Francisco. The two biggest announcements are the launch of the iPod Touch which looks extremely similar to the iPhone, and a huge price drop for the 8GB iPhone. There were also a handful of other announcements which I’ll include at the end in brief. Without further ado, let’s talk about the iPod Touch!

–iPod Touch–

Offered in an 8GB and a 16GB model starting at $299, the iPod Touch is for all of your music, videos, and photos. Just like the iPhone, it has the multi-touch interface, a 3.5 inch widescreen display, Wi-Fi browsing, and now music downloads from iTunes!

Coming in at only 8mm thick, it’s slick and thin! The Wi-Fi feature with Safari is sure to be a big hit because now users will have access to YouTube videos and the iTunes Wi-Fi music store. The only downside, like the iPhone, is that it doesn’t have a hard-drive.

–$399 8GB iPhone–

Oh boy, am I feeling for all those “early-adopters” who just had to have the iPhone at launch! Not only is Apple discontinuing the 4GB iPhone, they’re dropping the price of the 8GB from $599 to $399! And to think, it’s only been 2 months since it launched…

For those of you who just bought an 8GB iPhone within the last 14 days, it’s rumored that Apple is willing to price-match. For those of you who stood in line on June 30th, so sorry… you’re out of luck!

Just an afterthought, I wonder what the refurb price will be? My guess is $299.

–Other News–

I said it was a big day, didn’t I? While the iPod Touch and the “overgrown” Nano were expected, a $200 price-drop for the iPhone definitely wasn’t! Oh, and did you hear? The Zune received a price-drop today too. Nice timing, huh? It’s now $199. No matter what Microsoft comes up with for the Zune, I don’t think they’ll be able to top what Apple just put out on the table.