Apple secures long-term supplies of flash memory

Apple has announced that they've struck long-term agreements with a variety of flash memory providers such as Intel, Samsung, Micron and Toshiba. For the mere pre-paid price of $1.25 billion, Apple has secured flash memory from these vendors through the year 2010. "We want to be able to produce as many of our wildly popular iPods as the market demands" quoth Steve Jobs in the press release. The release went on further to quote iPod and iTunes statistics, such as 30 million iPods sold to date, and over 600 million songs sold through the iTMS.

Can anyone else say "60 GB iPod video nano?"
 
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