Back in September we mentioned that Apple was effectively screwing everyone out of the 4GB and 6GB flash player market because Samsung was offering a huge volume discount to the company (up to 50 percent for the nano). Now it's been announced that Apple reached a long-term agreement with Hynix, Intel, Micron, Samsung Electronics and Toshiba to secure the supply of NAND flash memory through 2010, truly sealing the deal. And just to make sure it's signed, sealed and delivered, Jobs is planning to prepay a total of $1.25 billion for flash memory components over the next three months. Happy Holidays, everyone!

Specs and Pricing for iPod Nano [Shopping.com]

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