Apple has launched new 16GB iPod Touch, it is the another variant of the 5th generation iPod Touch that launched in 2012. When it was launched in 2012 it is only available in 32GB and 64GB variants. That older iPod now appears to have been discontinued in favor of the new 16 GB model.
The new 16GB model of ipod features ultraslim design, 4-inch Retina display, dual-core A5 chip, Apple EarPods and front-facing FaceTime HD camera in the same 6.1mm-thick case as the 5th generation variant. In this new model their is no rear facing camera. But apple adds many new features to this model
The 16GB iPod Touch is now available for $229 from Apple in a single black and silver color design, you can find out more details about the device over at Apple,