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Apple today slashed the price of the 1GB iPod Shuffle to just $75. At the same time, a new 2GB model has been launched at $99 and will be available later this month.

iPod Shuffle requires a Mac with a USB 2.0 port, Mac OS X 10.4.8 or later and iTunes 7.4; 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 7.4 or later.

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