Apple announces its first new iPod in four years

iPod touch is getting a slight hardware upgrade 

It will run on the A10 Fusion chip, which is a little older than chips found in the latest iPhones. 

The new iPod touch starts at $199 for 32 GB storage and goes up to $399 for the 256 GB option. 

iPod touch will be getting a new 256 GB storage option 

That's by far the biggest storage capacity Apple has ever put in an iPod. 

The device will also have a smaller four-inch screen and a lower price than most iPhone users are used to 

It comes in space gray, white, gold, blue, pink, and red. 

The iPod touch is available for online order in 27 countries starting Tuesday. 

The new chip is "twice as fast as before," Apple's product marketing vice president says.