Apple will reportedly release a new 20" iMac system this week for $899, but it will only be available to qualified educational institutions. Inside the system will be a Intel Core 2 Duo 2.0GHz processor, NVIDIA GeForce 9400 IGP, 1GB memory, 160GB HD and a DVD burner. It replaces an older 17" model.
Buyers authorized to make purchases for their educational institution can begin pre-ordering the new aluminum systems today for delivery in about a month. Each $899 20-inch iMac includes a 2.0GHz Intel Core 2 Duo, 1GB of memory, 160GB hard drive, 8x double-layer SuperDrive, and a NVIDIA GeForce 9400M graphics subsystem.
The new offering replaces a $899 version of Apple's white 17-inch iMac that the company had held over since 2006 in an effort to allow institutions hit hard by tax revenues declines to continue to factor Macs into their refined budgets.