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iPod Touch Getting a Complete Makeover?

It seems that Apple has not quite given up on the iPod Touch as the company is reportedly working on redesigning the device, according to a recent sighting in its internal system.

A device with the codename iPod 5,1 showed up in Apple's systems that is likely the fifth generation version of the media device.

With the low-end tablet market quickly catching fire with devices such as the Nook, Apple could be looking to improve the iPod touch in order to better compete with that segment.

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As it stands, the iPod Touch is one of the most popular gaming devices in the market.

Last year, the Touch was one of the only Apple products that did not receive any internal or cosmetic changes except for the release of a new version.

Tech site 9to5Mac suspects that this iPod 5,1 could represent a new Apple media device that will feature the A5 or A5X chips that are included in the iPhone 4S and new iPad.

"We haven't heard any specifics regarding the new iPod touch hardware, but the jump from 4,1 to 5,1 indicates major internal changes at the very least," wrote the site. "Perhaps Apple is finally moving to an A5 or A5X-like chip in the iPod touch."

There is also the possibility of Apple increasing the screen size on the device in order to better compete with the low-end tablet market. The 5,1 could represent a 5-inch display.

The release date for this device could not be determined from Apple's internal data, but it would be smart for the company to launch it around the same time as the new iPhone that is due out in Oct.

However, no official release date has been confirmed for what is arguably the world's most popular smartphone.

It should launch sometime before the end of 2012.

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