Apple today introduced the new, fifth generation iPod, featuring a 2.5-inch color screen which can display album artwork and photos, and play video including music videos, video podcasts, home movies and television shows. Apple’s latest iPod holds up to 15,000 songs, 25,000 photos, or over 150 hours of video and is available in a 30GB model for US$299 and a 60GB model for US$399, with both models available in white or black designs. Apple says the 30GB model features up to 14 hours of battery life for music playback and the 60GB model features up to 20 hours of battery life for music playback.