New APSI M480 PMP

APSI has launched a new portable media player that could make it a serious contender to the Archos 5 series. It's called M480 and comes with the following features:

• 4.8" 800 x 480 touchscreen display;
• Windows CE 5.0 OS;
• AVI, WMV, MP3, WAV, WMA, OGG, AC3, ASF, SWF, JPG, BMP, TIF, RAW, CXB, ZIP, PDF and PPT file support;
• TV out;
• Up to 5 hours of video playback;
• 30GB/60GB storage capacities

There is no word on pricing at the moment.