Its about time for new iPods.

Implications: iPod sales have been falling in the USA or at least even f=with last year in some markets. The iPhone price drop has also impacted the iPod sales.

Analysis: Over the last several weeks resellers have been told not to order iPods and Apple even made an offer to provide a discount with any iPod order. This clearly shows the iPod is going in for a much needed overhaul. It is an old product line by now.

Then you have the iPhone pricing effecting the sales of the iPod Touch. Why buy a Touch when an iPhone is less, don't activate you iPhone and use it as a Touch for much less.

Rumors have been around for 2-3 months on the update of the iPod line. So this is it. Now the other question is will Apple also release new computers at the same time. I would wait if I were Apple, even if only a few weeks, as the press will give them free time twice instead of just a lot at once.