Toshiba announced the launch of the P-range of their Gigabeat players today. The P5L has 512MB of storage capacity and the P10L has 1GB. The devices measure 31.9×82.0×13.2mm and weigh 50g, they have a 1.1″ OLED screen, they are MP3 and WMA compatible and they can even display pictures on their tiny screens. With these devices, Toshiba is aiming for the iPOD Nano market.