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Apple Cuts Old iMac Price

Apple reduced the price of its once top-end iMac by $200, signs that it wants to move inventory of PowerPC-equipped systems to make way for the new Intel-based Macintosh computers.


The 20-inch iMac G5's new price is $1,499, $200 less than before and only $200 more than the 17-inch PowerPC model.

In a conference call with analysts last month, Apple executives said that the Cupertino, Calif.-based company would continue selling its older iMacs as long as supplies lasted. At that time, Tim Cook, Apple's chief operating officer, estimated Apple had 4-5 weeks' worth of systems in stock; he also refused to answer questions about possible price cuts to move the older machines, saying "Apple doesn't comment about future products or future pricing plans."

Apple unveiled its first Intel-based iMacs Jan. 10 at San Francisco's MacWorld Expo trade show, where chief executive Steve Jobs touted the new machines.

The 20-inch iMac G5 sports a 2.1GHz PowerPC G5 processor, 512MB of memory, a 250GB hard drive, an optical drive, and integrated wireless and Bluetooth.

The price of the 17-inch iMac G5 remained at $1,299, the same price as the similar-sized Intel iMac.

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