Apple has released the new iPod nano (PRODUCT) RED, a special edition iPod nano that helps in the fight against AIDS. According to MacMerc:

Apple today announced the iPod nano (PRODUCT) RED Special Edition. (RED) was created by Bono and Bobby Shriver to engage business in the fight against AIDS in Africa by getting the world’s most iconic companies to make uniquely branded products. A portion of the profits from these products goes directly to the Global Fund to fund programs for women and children affected by HIV/AIDS in Africa.

Apple will donate $10 from every iPod nano (PRODUCT) RED sale to the Global Fund to fight AIDS in Africa. “Which means your iPod nano (PRODUCT) RED sounds good and does good at the same time.”