Think Secret reports that reliable sources have told them that Apple is planning to announce a G4-based iMac bare bone at Macworld Expo on January 11. The price of this device will be $499, without display.
The new Mac, code-named Q88, will be part of the iMac family and is expected to sport a PowerPC G4 processor at a speed around 1.25GHz. The new Mac is said to be incredibly small and will be housed in a flat enclosure with a height similar to the 1.73 inches of Apple's Xserve. Its size benefits will include the ability to stand the Mac on its side or put it below a display or monitor.