Apple unveils latest iMac, starting at $1,099

Apple's new line of iMacs hit the market at a much lower price than its previous entry-level desktop computer.

By TheStreet.com Staff Jun 18, 2014 10:57AM

Apple today introduced a new 21.5-inch iMac / Courtesy of AppleBy Kathryn Mykleseth, TheStreet


Apple (AAPL) announced a new line of more affordable iMacs, which starts at $1,099, as the company continues to cut prices on its computers, having already done so with its latest MacBook Air update.


The latest iMacs start at prices much lower than the previous entry-level iMac, which started at $1,299. These personal computers are available to be purchased on the Apple Store starting immediately. 


In Apple's fiscal second-quarter, it sold 4.1 million Macs, as it generated $5.5 billion in revenue from computer sales during the quarter.


TheStreet.com logoThe latest iMac has a 21.5-inch screen, which is identical to the size of the level-up iMac. The new iMac features a 1.4 GHz dual-core Intel (INTC) Core i5 processor with Turbo Boost Speeds up to 2.7 GHz, Intel HD 5000 graphics, 8GB of memory and a 500GB hard drive. All iMac models include next generation 802.11ac Wi-Fi, and two Thunderbolt ports and four USB 3.0 ports.


In addition, iLife and iWork come free with every new Mac, following up on a move Apple made last year to boost sales of the software.


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4Comments
Jun 18, 2014 3:01PM
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That's a really nice PC for Apple users.  I wonder if user can swap out i5 for i7?
Jun 19, 2014 9:09AM
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I wonder how much spyware will come pre-installed on this junk.

Jun 18, 2014 1:03PM
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