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

The new model is about $200 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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