Apple and Bono have joined their forces to launch a special edition iPod nano RED. The launch comes one month after Think Secret  tipsters first said a deal was close to being wrapped up.

The iPod nano RED will be a 4GB model that is wrapped in a red case and priced $199 as other 4GB iPod nanos. Sources say $10 of each sale will be going to Bono's AIDS-awareness charity, RED, which passes the funds on to The Glogal Fund, an organization that helps womens and childrens affected by HIV/AIDS in Africa.

iPod RED will represent one of the first (RED) products to be available to customers outside the United Kingdom.