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Apple Reveals Cheapest iMac Yet But Not For Everyone

Apple has unveiled its cheapest iMac yet, but this new low-end model is not available for everyone as the computer manufacturer has decided to restrict its availability to buyers within the education sector only.

What this means is that only schools and other educational entities will be able to buy the iMac which, not surprisingly, has seen some corners cut to keep the price below $999 - which equates to just over £600 in the UK.

There's an Intel Core i3 CPU clocked at 3.1GHz, a 21.5-inch LCD screen, an AMD Radeon HD 6750 GPU with 256MB memory, 2GB RAM, a 250GB hard disk drive, a SuperDrive and Mac OSX Lion.

As for the missing features, there's no Thunderbolt input, only a mini display port; in comparison, the bog standard iMac - which costs £999 in the UK and $1149 over the pond - has a quad core Intel Core i5 CPU clocked at 2.5GHz with 4GB RAM, 500GB hard disk drive and an AMD Radeon HD 6750M with 512MB RAM.

Giving up four important features to save $150 doesn't seem to be a good deal; that said as some have noticed, the additional memory can be upgraded by the IT department at a later date for much cheaper, plus in educational entities, storage is centralised which makes local storage less important.