iLounge is reporting that a new, red iPod nano will be announced tomorrow on the Oprah Winfrey show by Bono himself. The red iPod will be a part of the Product RED program that is currently literally painting cities red to battle AIDS. The episode was apparently taped earlier this week and featured Bono and a 4GB “iPod nano RED.” It’s supposed to cost the same $199, with $10 going to the Global Fund. I don’t doubt this rumor’s true, because why wouldn’t this happen?