New, cheaper Apple iMac

Apple’s newest entry-level 21.5 inch iMac costs 1,099 dollars the California-based company announced Wednesday.

The new model is about 200 dollars cheaper than the previous one. The computer features a 1.4 GHz dual-core Intel Core i5 processor which is about half the speed of the more expensive model.

The more affordable model has 8GB of memory and a 500GB hard drive according to a press release. The previous still available better configured version has about twice as much hard drive space.

The less expensive iMac is available on Apple’s website.

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New, cheaper Apple iMac