Fire from iPod Nano to cost Apple $7,425

[McLovin]

While the first version of Apple's iPod Nano media player came out in 2005, a number of the units have since been discovered to be faulty. Indeed, Apple issued a recall of the first generation iPod Nano just six months ago, in November 2011, due to a problem with its battery. Now it looks like Apple is going to have to pay a bigger price for the device's hardware issues.

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