The new white iPod, and yes, it does video. Now...

And now video. We have a beautiful 2.5-inch TFT display, 320 by 240 pixels, so it's very high density. 260,000 colors, the color is fantastic on it. And most importantly, we support realtime decoding of H.264 video. This is the video standard used in Quicktime 7 and it's adopted as an international standard. It is the best video compression technology on the planet. And the iPod decodes wonderfully, as well as MPEG 4. And we have TV out. So if you wanna buy an optional cable, you can have the output right after your TV. And the video quality is just amazing, for watching iMovies, for watching video podcasts, for watching music videos, for watching anything that you've got, you wanna see on your iPod. And what's it gonna sell for? 299, 299. The 60 giga model, 15,000 songs, 25,000 photos, up to 150 hours of video. And it's gonna sell for just 399.

And the fourth feature is video. You know, if we can play video on our computers, if we can now play video on the new iPod, we have to have a way to buy videos. iTune 6 offers us a way to buy music videos. Music videos from all your favorite artists, we have over 2000 music videos for sale, starting today in iTune 6. We have a whole music video page. All your favorite artists, U2, Madonna, Kanye West, just about everybody. And you can search on these things,too. So if you do a search for Madonna, take a look at just her videos. She's got a very large video catalog. You can preview them all. You can get a preview to make sure you wanna buy it, and then hit one button and download them. They are pretty cool. Now what do they cost? For the song and the video, a dollar 99.

Well ,there is one more thing that we are announcing today, that you can buy off the iTunes' music store. And that is TV shows. Now, if we are gonna get TV shows, we ought to get the biggest hits, right?What's the number one hit show on television? Desperate housewives. What's the number two hit television show? Lost. And what network are they on? They are both on ABC. And who owns ABC? Disney. I know these guys.

The guys that have the number one TV shows I've had the great fortune be working with for quite some time. And they own ABC and the Disney Channel. And we have done a landmark deal which we are announcing here today. We are going to be offering 5 shows on iTunes, which you can purchase online and download, and play on your computer and play on your iPod. And those shows are, Lost, Desperate Housewives, the number one and two shows on television. A new ABC show called Night Stalker. And the two most popular shows on the Disney Channel, That's So Raven and Suite Life of Zac and Cody. And all five of these shows you will now be able to buy on iTunes. And so you can go as an example to Lost in season one and buy any of the season one episodes. But what about current episodes? Yes, you can buy current episodes. And you can buy them the day after they are broadcast.

So you can buy the episode of Desperate Housewives that was broadcast this past Sunday. There will be an episode of Lost broadcast tonight, you can buy it tomorrow. It's amazing. And these shows are downloaded ad-free. So you don't need to fast forward through the commercials. We are downloading them 320 by 240 again the same native resolution as the new iPod. And an hour show, like Desperate Housewives and Lost is about the size of five albums and so that's about the download time. If you have broadband which you need for this. Depending on what speed broadband/ you have, it's about ten to twenty minutes to download an episode. It's really amazing. So TV shows. What are they gonna cost? They are gonna cost a dollar 99 an episode.