Apple To Release A Sub-$1,000 iMac For Big Volume Buyers

steve jobs apple mac imac

Apple is about to release an iMac that sells for less than $1,000 a pop, for educational institutions or those buying Macs in bulk.

Mark Gurman of 9to5Mac writes that the new iMac will have a previous generation 3.1 GHz dual-core processor, 2 GB of RAM, and 250 GB of hard disk space with a 21.5-inch monitor.

This new Mac won’t have as much computing power as the current line, but will be a solid mid-range machine for running simple applications.

Apple’s last iMac with an “education configuration,”  was a 17 inch machine which went for $899.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

apple imac tools-us