Apple releases new low-cost 21-inch iMac for $1099

Apple released a new low-end 21-inch iMac today for $1099. The new model sports a 21″ display, 1.4GHz dual core Intel i5, 8GB RAM, a 500GB hard drive, and Intel HD Graphics. The new model is in stock today at The Apple Store for $1099. Education customers save $50 on the new iMac, available for $1049.

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