Apple Launches $999 “Education Only” iMac

Apple has just recently launched a new low-cost $999 iMac for educational institutions, available now on the Higher Educational online store. The new $999 iMac’s will not be available for individual purchase. The specs are lower than the standard iMac:

• 3.1GHz Intel Core i3 Dual-Core
• 21.5-inch LCD
• AMD Radeon HD 6750 with 256MB
• 2GB RAM
• 250GB Hard Drive
• SuperDrive
• OS X Lion

A higher-spec model is also available at $1149 which features a 2.5GHz Quad-Core i5 with 4GB of RAM and 500GB hard drive.