Apple creates 2TB model of Time Capsule, drops the price of 1TB model

This week, Apple quietly updated their Time Capsule line by adding a 2TB model alongside the existing 1TB model. These new 2TB models will cost a nice sized $499.00, while the 1TB model has been lowered to just $299.00. The specs on the new, larger model appear to be the same as the 1TB model that has existed for a while now, except for, obviously, the size of the hard drive. It doesn’t even appear as if Apple has mentioned this new product update on their home page.