Observers have been expecting a significant revamp to Apple's iPod lineup, especially after the release of the iPhone in all of its touch-screen glory. So when Apple announced today's special event—as we predicted—with the tagline "The beat goes on," we knew the time for an iPod refresh had come. We weren't disappointed, as Apple announced an all-new line-up of iPods from top to bottom, including a new "fat" iPod nano, a "classic" iPod, and the much-anticipated iPod touch with WiFi, Safari, and a touch-screen interface—an iPhone without the phone capabilities.

Apple CEO Steve Jobs began by announcing that Apple had distributed over 600 million copies of iTunes, that the iTunes Store is the top online music store in 21 countries, and that Apple has sold 95 million TV shows so far.

The first major announcement was that a new version of iTunes to be released later today will support ringtones as well as the other new products Apple has on tap. Ringtones will be available for 99¢ in addition to the 99¢ song price. Users can create custom ringtones from over 500,000 songs.

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Apple, iPod, iPod touch, WiFi, Touch-screen, Fat iPod Nano, Classic iPod, Announcement