Apple today announced release of the all new iPod Nano Chromatic and iTunes 8.0, Apple claims the new iTunes version to be equipped with Genius features with better ways to manage your digital entertainment.

The new genius features in iTunes 8 let users discover new songs and create instant playlist of songs matching your current track, Simply, Play a song, Click the Genius button and iTunes will create a playlist of songs from your library that go great together, at the same time the new Genius Sidebar will display songs from the iTunes Store that go great with currently playing track.

The rumored new iPod Nano is finally here, now available in 9 funky colors and 8 and 16 GB variants the gadget seems stylish and sleeker, priced $149.00 for 8 GB and $199.00 for 16 GB the new iPod version also includes several usability enhancements.

Just in time for Valentine's day Apple has announced 32GB version of iPod Touch, with this latest offering iPod Touch is now available in 8, 16 & 32 GB variants.

The iPod Touch (iTouch) series of iPod is similar to iPhone minus the phone capabilities, having Multi-Touch interface, 3.5-inch widescreen full color display, Wi-Fi connectivity and pre-installed applications for services like web-browsing, YouTube, Mail, Stocks, Weather, Notes, iTunes Wi-Fi Music Store, Maps etc. iTouch is the gadget to go for this year.