Apple has released a new iPod Nano in red as part of the (Product) Red charity. The idea behind (Product) Red is that consumers are one of the most powerful groups on the planet, so they offer a collection of red products from different companies, a portion of which goes to fighting AIDS in Africa. The new iPod Nano is (predictably) available in red and holds 4GB of Music. It costs $199 of which $10 will go to the (Product) Red charity.