Aug 8, 2011 12:54 GMT  ·  By

Apple always has a big line of systems on sale, but it looks like the company figured it was time for a new one to show up, so it went ahead and delivered an iMac with a price of less than $1,000.

Apple may be known for its systems that don't shy away from requiring solid sums of money, but there seems to be a certain, new iMac out there that does not sell for as much as others.

Though the company went over the 3.1 GHz mark as far as central processing power is concerned, it still succeeded in striking a price of less than $1,000.

More specifically, Apple introduced a 21.5-inch iMac based on the 3.1 GHz dual-core Intel Core i3 with 3MB on-chip shared L3 cache.

Said CPU is backed up by 2 GB of 1,333 MHz RAM (random access memory) by default, although users with strong finances can take the capacity all the way up to 8 GB.

The display has support for the native resolution of 1,920 x 1,080 pixels (Full HD) and the AMD Radeon HD 6750M graphics processor to handle it.

Meanwhile, a hard disk drive of 250 GB storage is present, as is the expected range of connectivity and I/O capabilities.

Among other things, Apple put in a FireWire 800 port, four USB 2.0 connectors, a SDXC card slot, Gigabit Ethernet, internal 20-watt high-efficiency amplifiers and 802.11n Wi-Fi wireless networking (IEEE 802.11a/b/g compatible).

All in all, the product has somewhat less storage and a lower overall performance compared to other iMacs of the current generation, but sells for as little as $929 to make up for it.

Prospective purchasers need only drop by this page that Apple set up on its official website and select the iMac model that is most to their tastes.