Apple cuts Classic’s sizes, announcing new skimmed iPod Classic player with 120GB storage capacity, to match the Microsoft Zune head-to-head. Regretfully, this is going to be the only available Classic model in the market, since Cupertino has decided to bury those fatty 160GB players and reduce the storage by 40GB. However, you still have some limited time to get one to your collection before it leaves us forever.