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Apple reduces price for Shuffle

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From Times Wire Services

Apple Inc. cut the price for its iPod Shuffle by 38% as demand for the music player slowed.

The 1-gigabyte device, Apple’s smallest model, will have a retail price of $49, the Cupertino, Calif., company said. The previous price was $79. Apple also introduced a version with double the storage for $69.

The bigger Shuffle, which clips onto clothing, can hold about 500 songs.

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