Creative has revealed some snazzy new color options for their ZEN iPod-rival. Behold the eye-catching pink and red versions. These look juicy in bubble gum colors. Other then the color, the PMP is identical to existing ZEN models. So, you’ll get the same 2.5-inch, 320 x 240, 16m color TFT display, choice of 4GB, 8GB, 16GB or 32GB flash storage and SD/SDHC expansion.

The ZEN also has an FM radio and microphone for voice recordings, is compatible with multiple audio and video formats (MP3, WMA, AAC (. M4A), WAV (ADPCM), Audible 2,3,4, MJPEG, WMV9, MPED4-SP, DivX 4 / 5 and XviD) and has a photo viewer (JPEG, BMP, GIF, PNG & TIFF). It can also handle TIVO-to-go files, from PVR. File transfer is with a USB 2.0 connection. Battery life is about 25hrs audio playback or about 5hrs video. Nothing on price or availability yet, but the red ZEN has been seen on Buy.com, the pink is apparently a Walmart exclusive.

Today Apple announced the release of a new 16GB iPhone giving double the storage capacity in the device. The Apple store was down for a while this morning, just in the U.S., which especially on a Tuesday indicates the company had something new coming. When the site came back up the Apple store now shows two models, one with the original 8GB capacity for $399 and a new 16GB iPhone model for $499. All the specs aside from the increased storage capacity appear to be the same, and no, there was no 3G added into the 16GB model.

In addition to the iPhone getting some more storage, the iPod touch also saw an increase in its capacity to store music, pictures and video with Apple also announcing a 32GB version today as well. The 32GB iPod touch was added to the Apple store this morning retailing for $499, along with the existing 16GB model priced at $399 and the 8GB model going for $299.