"The iPod's got a funny name," mused Apple CEO Steve Jobs at a special media event in San Francisco today.
"It's just called 'the iPod' because it was the first one. We though, 'It's time to give it a name.' We're going to call it the iPod classic."
Despite rumours of an iPhone-like touchscreen iPod, the new iPod still features a click wheel, and it's now in a full metal design in silver and black. The low-end iPod classic (at 80GB) is now thinner than the 30GB thin model that preceded it. Jobs claims the new iPod gets 30 hours of audio playback and five hours of video plaback on a single charge.
Like the iPod nano, the new iPod classic features an enhanced user interface.
Apple is also offering a model that features 160GB of storage.
"This boggles the mind," said Jobs for emphasis. "The first iPod put 1000 songs in your pocket. This new iPod puts 40,000 songs in your pocket. It's amazing."
The new 80GB model costs £159, while the 160GB model costs £229, with availability beginning today.
More news from the special Apple event here.