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Apple Debuts New Apple TV, iPods, iTunes TV Rentals

Summary:

At a media event on Wednesday, Apple (NASD: AAPL) CEO Steve Jobs unveiled new designs for all of its iPods, a new version of iTunes with a music social network called Ping, the second generation of its Apple TV streaming video device, and a new iTunes Store movie and TV show rentals service. The new $99 Apple TV is one-fourth the size of the first model, and now exclusively supports a new rental model for movies and TV shows.

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