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Those numbers posted by Christopher Nerney are eye opening - that's quite a lot of iPod Touches! And if you assume that all of the 11 million sales in 2011 were the $299 version, that still works out to $3,271,060,000! That sounds like enough revenue to justify a continued investment in the iPod Touch product line.
They are pretty expensive, but really they do most things an iPhone does, and they have the same sweet display, at less cost and with no cell phone contract. Add in a VoIP application and you have the ability to use the iPod Touch to make calls as long as you are within WiFi coverage. I think it even supports facetime out of the box. Assuming the iPad mini is released at a comparable or lower price, though, I would expect some lessened demand for the iPod Touch.
I just want you to know that im Apples biggest fan. My little sister just got the 4th gen iPod last year and its a neat little toy. I curently just bought the new iPhone 5 do to my love for apple. I have looked at these iPods and i think they are a little on the expensive side but they do do a lot of neat things. as apple has just added their A5 chip to it the new iTouch is extreamly fast. the 4th gen ipod was nice but with iOS 6 its starting to slow down and the apps and becoming to complex for it. over all the new iPod is essentially an iPhone with out a cellular connection. I would recomend this to kids or someone whos around wifi alot due to the fact you can get Voip programs and texting. in my mind this is the ipad mini due to the fact it has a faster processor than most tablets on the market.