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Apple Inc shares rose more than 5 percent on Wednesday on growing expectations that the company will announce a revamped line of iPods next week.

Technology news Web sites have speculated that Apple could launch a new video iPod with a large touch screen similar to the iPhone, and a redesigned iPod nano in time for the end-of-year holiday shopping season.

Others also suggested that Apple may announce a deal for its iTunes online music store to sell albums from the Beatles, the last and biggest digital music hold-out.

Apple has distributed invitations to a September 5 event in San Francisco, but did not say what it would be about.

Source: Reuters press release

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