Apple today announced that it is adding a new pink iPod nano to the lineup of its popular music player. The much-requested pink iPod nano is available immediately in an 8GB model for US$199. iPod nano features a two-inch display which lets users watch the brand new iTunes Movie Rentals, or TV shows and music videos purchased from the iTunes Store. iPod nano is encased in an all-metal design made with anodized aluminum and polished stainless steel, which is also available in silver, black, blue, green and a (PRODUCT) RED special edition.