In a surprising move today, Apple has released updated versions of two products today: the iPhone and the iPod Touch (will review in my next post).

The iPhone gets a new 16GB version, which more than doubles the previous model’s storage capabilities. From the Apple press release (edited for only the iPhone information):

The revolutionary iPhone now comes in a new 16GB model for $499, joining the 8GB model for $399. “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(TM) 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(R) Movie Rentals. Both iPhone and iPod touch feature the world’s most advanced mobile web browser in the world with Safari(TM) 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, Apple’s retail stores and AT&T retail and online stores. iTunes Movie Rentals are available in the US only. iPhone and iPod touch require a Mac(R) with a USB 2.0 port, Mac OS(R) 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.

Correct me if I’m wrong, but I don’t think anyone had any inkling that this was coming. But DAMN is it cool.

[Apple.com via Gizmodo]