Those who are looking into getting an iPod Touch, but are on a limited budget we’ll be happy to know that price of refurbished 8GB unit has gone down to a very tempting price of just $199. The 16GB version likewise has gotten trimmed down to an affordable $299. This is definitely good news for the stingy gadget junky, but I can’t help but wonder why the sudden price-cuts?

Two scenarios come to mind. The first being that the number of refurbished units Apple has at their disposal has become so overwhelming that they’re forced to put them on sale; or that a brand new Touch is on the way, and they need to clear their inventory. I’m keeping my fingers crossed and hoping that it’s the latter.

Regardless of the reason, this is still an awesome deal for such a sweet device.

[gizmodo via apple refurb store]