
Steve Jobs in the official iPod event yesterday said that iPod Touch is the iPhone without calls and he meant it because when he announced the new features of iPod Touch it became very clear that the only difference between the iPod Touch 4G and the iPhone 4 is that iPod Touch cannot make calls, other than that iPod Touch has all the features that are sported by iPhone 4 such as Facetime, Retina display, camera, gaming and everything else. Below is a table that i have made to compare the features of both Apple devices. Have a look at it

Update: As the teardown has confirmed, iPod Touch 4G sports a 256MB Ram
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{ 3 comments… read them below or add one }
ipod 4 touch has the retina display also…
the ipod touch 4g only has 256 mb of ram :S
theres a huge difference between iphone 4 and ipod 4g
firstly iphone 4 has a 5 mp cam where as the ipod 4g as 0.7
iphone 512 cache ipod 256
iphone 4 as a retina display with ips tec… the ipod doesnt!
the iphone 4 has better specs people should not say both devices are the same! they arnt
i have both devices my iphone is a lot better hence the price!