A music player that plays MP3, WMA and similar-type music files and looks suspiciously like an IPod. It may or not have better functionality, but either, unlike any make of IPod, it isn't horrendously costly.
Guy 1: Applefag.
Guy 2: What?
Guy 3: You have an IPod there, Applefag.
Guy 4: It's not an IPod, it's an, er...Fakepod.
Guy 5: ...Fakepod?
Guy 6: You know, an music player that looks like an IPod but isn't stupidly expensive.
Guy 7: I see... You've opened my eyes at last!
by KrikenKing January 16, 2010
Get the Fakepod mug.