What is the i in iPod?

Well, the i in iMac stood for internet

1999 iMac Update newsletter from Apple:

"The Ultimate Internet Appliance When we first announced iMac, we explained that the 'i' in iMac stands for Internet. iMac, we said, is the first computer to bring the ease of use long associated with Macintosh computers to the often arcane world of the Internet."But it is unknown whether of not the i in iPod means anything.