Apple's cheapest iMac is still expensive, just not quite as expensive as before.
Apple's iMacs have always been expensive machines. While that's still true today, you can now get one for a little less than before. Apple has introduced the cheapest iMac in today's lineup, is a 21.5-inch model with ultrabook class hardware inside. The system comes filled with a low-voltage dual-core Intel Core i5 processor running at 1.4 GHz and boosting up to 2.7 GHz. On-die we've got Intel HD Graphics 5000 and 8 GB of DDR3-1600 memory. Storage comes by way of a 500 GB SATA hard drive, though this can be upgraded to a 1 TB drive for $50, or to a 1 TB Fusion drive or a 256 GB SSD for $250.
Included, of course, is also an Apple Magic mouse along with an Apple wireless keyboard, so while the system will still cost you a pretty penny, at least you know it won't cost you anything more than the price tag.
Interested? The system is available directly through Apple immediately with a starting price tag of $1099 -- $200 less than before, and still a couple hundred too expensive, especially for an entry-level desktop.