New Sub $1000 iMac Coming, iPad Conquers TouchPad

Apple may be very successful in the consumer business but it always has something for the education world. It is no secret that iMacs make great computers for schools and students. But top of the line iMacs could be an overkill for educational institutions. As 9to5 Mac reports, Apple is planning to bring a cheaper iMac to the market for volume customers.

This sub $1000 iMac will offer:

• 3.1 GHz dual-core processor
• 2 GB of DDR3 RAM
• 250 GB of HDD storage
• AMD Radeon HD 6750m

A refurbished version of this Macbook is up for grabs for $929. So it is safe to guess that Apple will offer this iMac for under $1000 to volume customers.

Apple has had a ton of success with the iPad since its launch. It has sold a ton of these tablets already while keeping its competitors in their place. HP TouchPad seems to be the latest iPad competitor that is failing to gain the attention of tablet lovers. HP launched the device just a short while ago but has been forced to offer deep discounts to generate interest in this device. A 4G version of HP TouchPad which has surfaced on Amazon is not expected to change anything.

Will Apple competitors have a chance to compete with the iPad? According to Needham analyst Charlie Wolf, things do not like that promising for them with Apple poised to hold on to 60% of the tablet market by 2020.

Future tablets are more likely to steal share from one another than from the iPad,

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Wolf explained. Things can always change quickly but Apple rivals need to step up their games.