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Apple Computer, Inc. might be close to announcing a new iPod model boasting a 60GB hard disk, a 2″ colour LCD, iPhoto syncronisation and audio/video out capabilities according to the Think Secret rumour-mill.

The new iPod is currently in production in Asia after delays from Toshiba in delivering its new 60GB drive hampered a planned early-September ramp up. Sources confirm Toshiba started shipping the drive to Apple in mid-September and iPod manufacturer Inventec began building the new device in the last two weeks.

Think Secret have suggested a retail price for the new iPod of $499.

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