Apple launches new cheaper 21.5-inch iMac for $1099

iMac

Apple’s Online Store was down for quite a few hours earlier today. We finally know the reason for the downtime.

Apple has just launched a new lower-cost 21.5-inch iMac which starts at $1099 on its Online Store.

The new 21.5-inch iMac comes with a 1.4GHZ dual-core Intel i5 processor (Turbo Boost up to 2.7GHz), a 500GB hard drive, 8GB of memory, and an Intel HD 500 Graphics chip for $1,099. Customers have the option to upgrade to a 1TB Serial ATA Drive for $50 or 1TB Fusion Drive for $250 or 256GB Flash Storage for $250.

The new entry-level iMac is $200 cheaper than the next 21.5-inch iMac, which comes with a 2.7GHz quad-core Intel Core i5 (Turbo Boost up to 3.2GHz), 1TB hard drive, 8GB memory and Intel Iris Pro Graphics, and $400 cheaper than the top-end model that comes with a 2.9GHz quad-core Intel Core i5 (Turbo Boost up to 3.6GHz), 8GB memory, 1TB hard drive and NVIDIA GeForce GT 750M with 1GB video memory.

New iMac Models

KGI Securities analyst Ming Chi Kuo had predicted that Apple would be launching a lower-cost iMac model this year.

The new entry-level 21.5-inch iMac is available on Apple’s Online Store, and will ship within 24 hours. Check this link for more details.