Audio specialist iHome has launched the iP49, a new portable speaker system for iPhones and iPods. The unit folds for travel, but is still said to produce 20W of output using four neodymium compression drivers. Equalizer controls improve bass, treble or simulated 3D effects. Clock functions allow listeners to set separate weekday and weekend alarms, as well as custom snooze times, and toggles for DST and gradual wake or sleep.