Remember that first iPod that came out? It held 1000 songs and completely revolutionized the mobile music industry. It had the iconic click wheel that allowed users to easily navigate the menus and UI.

It looks like that the iPhone and iPod Touch have officially kicked out the no, almost useless iPod Classic and Shuffle.

According to the various sources from TUAW, this is the “product transition” that Apple was talking about in their conference call.

In addition, it is expected that Apple will begin to phase out these iPods in favor of their all touch line for the Touch and Nano. In addition, it is also rumored that the iPod Nano may never be refreshed ever again.

“For starters, this year (October 24) marks the 10-year anniversary of the iPod. That’s quite an achievement, but it’s also a nice place to bookend things. I can imagine Apple saying, “It had a great run, now go buy an iPhone.”

Also, the iPod just isn’t the moneymaker it once was for Apple. In the fourth quarter of 2010, iPod sales made up just 8 percent of Apple’s total revenue, and they have been in a steady decline ever since the iPhone’s introduction.”

How do you feel about Apple potentially phasing out these iPods?