32Gb iPod touch, 16Gb iPhone released today.

Apple today released the 32Gb iPod touch and the iPhone at 16Gb.  The sizes of the devices and the feature sets appear to be the same.  The prices for the higher capacities raise the bar to $499 for the top of the line for each model.

Check it

 Apple Press release:

Apple Adds New iPhone & iPod touch Models

CUPERTINO, California—February 5, 2008—Apple® today added new models of the iPhone™ and iPod® touch which have double the memory, doubling the amount of music, photos and videos that customers can carry with them wherever they go. The revolutionary iPhone now comes in a new 16GB model for $499, joining the 8GB model for $399. iPod touch now comes in a 32GB model for $499, joining the 16GB model for $399 and the 8GB model for $299.

“For some users, there’s never enough memory,” said Greg Joswiak, Apple’s vice president of Worldwide iPod and iPhone Product Marketing. “Now people can enjoy even more of their music, photos and videos on the most revolutionary mobile phone and best Wi-Fi mobile device in the world.”

Both iPhone and iPod touch feature Apple’s revolutionary Multi-Touch™ user interface and pioneering software that allows users to find and enjoy all their music, videos, photos and more with just a touch of their finger. All iPhone and iPod touch models include the latest software enhancements announced last month including the ability to automatically find your location using the new Maps application*; create Web Clips for your favorite websites; customize your home screen and watch movies from the new iTunes® Movie Rentals. Both iPhone and iPod touch feature the world’s most advanced mobile web browser in the world with Safari™ and great mobile applications including Mail, Maps, Stocks, Weather and Notes.

Pricing & Availability The new 16GB iPhone is available immediately for a suggested retail price of $499 (US) through the Apple Store® (www.apple.com), Apple’s retail stores and AT&T retail and online stores. The 32GB iPod touch is available worldwide immediately for a suggested retail price of $499 (US) through the Apple Store (www.apple.com), Apple’s retail stores and Apple Authorized Resellers. iTunes Movie Rentals are available in the US only. iPhone and iPod touch require a Mac® with a USB 2.0 port, Mac OS® X 10.4.10 or later and iTunes 7.6; or a Windows PC with a USB 2.0 port and Windows Vista or Windows XP Home or Professional (Service Pack 2) or later and iTunes 7.6.

*Availability and precision of Maps positioning features will vary depending on actual location.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.