Apple unveils a new, slower, but cheaper iMac

By Elizabeth Learned,

Apple has a new entry-level iMac coming out and while the new computer is considerably slower, it is $200 cheaper.

The Los Angeles Times reports the new iMac has a 21.5-inch desktop and has a 1.4Ghz dual-core Intel Core i5 processor with a 500 GB hard drive. The price point of the desktop will be around $1,099.

The graphics card for the computer also had a downgrade to a Intel HD Graphics 5000.

CNN Money reported the last iMac that was considered to be “low-end” came with 2.7 GHz of processing speed and a 1 TB hard drive. Apple is hoping for a broader audience since the price point is now lower than the previous entry-level iMac.

The new iMac will also be equipped with the latest edition of wi-fi, as well as Thunderbolt ports, which will allow for the quick transfer of larger files, making it one area where the computer isn't completely hobbled.

While the iMac is available on the company’s website, it doesn’t come with the new OS X Yosemite operating system, though it can be downloaded for free this upcoming fall.

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