New iMac Could Boost Apple's Flagging Desktop Sales

Apple's newly unveiled iMac could boost the company's desktop sales, according to one analyst. KGI Securities analyst Ming-Chi Kuo said in a research note that he expects Apple to report 264,000 desktop unit sales in its fiscal fourth quarter that ended in September.

The sales represent a 79 percent decline when compared to the same period in 2011. Kuo, however, believes Apple's fiscal first-quarter shipments will rise by 434 percent quarter over quarter due to the new iMac.

The computer itself is just 5mm thick at its edge and offers a new display that apparently reduces reflection by 75 percent. It boasts a quad-core Intel Core i5 CPU, Nvidia Kepler graphics, up to 32GB of RAM, and up to 3 TB of HDD storage or a 768 GB SSD.

The 21.5-inch version of the system will launch next month with prices starting at $1,299. A 27-inch model will release sometime during December with a starting price of $1,799.

Contact Us for News Tips, Corrections and Feedback