According to Gigaom writer in Pennsylvania, Apple is now shipping their iPod Touch in accordance to their plan. Apple is expected to ship the first batch of iPhone Touch from China on October 9 and October 15 as the estimated delivery date.
The new iPod Touch was introduced in last month’s iPhone 5 lunch event though Apple never disclosed when the latest iPod will be available in the market.
iPod Touch features a 4-inch screen with a 16:9 aspect ratio. It also has 5-megapixel camera on the back while the front facing camera can handle FaceTime HD at a resolution of 720 pixel.
The iPod Touch 5G will be available in six colors and costs $299 for 32GB and $399 for the 64GB version.
Meanwhile, Apple shares plummet by 10 percent since reaching the all-time high of $705 last September.
The retreat in shares has been considered ‘counterintuitive’ to the upcoming release of iPad Mini, which is tapped to expand Apple’s market coverage in its tablet business segment.
Apple is still negotiating with Chinese telecom giants China Mobile to hammer a deal that would further boost its market in Asia.
“We continue to believe iPad Mini is the competition’s worst nightmare but attractive price points will be key,” said Shaw Wu, an analyst at Sterne Agee.
Wu is one of the analysts that doesn’t believe Apple’s run is done, although it may take a while before Apple’s stock reverses course.
“We believe concerns are overdone and this appears to be a typical consolidation after a big run,” Wu said in a research note.
The iPad Mini is expected to be released on October 25.