Earlier this morning Apple quietly comes up with a low cost $999 iMac, which is labeled as for educational purposes only. According to the release notes, these lower cost iMac models will not be available for individuals, means they will sell these iMacs to institutions, those who going to power their labs or libraries with Apple products. Also the new iMac comes up with some reduced features and specifications than the original higher cost iMac. Low-cost iMac today appears on the Apple’s Higher Educational online store in early morning. After few time, they publishes the specifications of these iMacs, let’s have a look at them:

• 3.1GHz Intel Core i3 Dual-Core
• 21.5-inch LCD
• AMD Radeon HD 6750 with 256MB
• 2GB RAM
• 250GB Hard Drive
• SuperDrive
• OS X Lion

 

As noted by the folks around the web, these new low cost iMac does not support Thunderbolt technology, and also they have not Thunderbolt ports instead of them these new iMac’s have only a mini Display Port. The next higher model is $1149 and offers a 2.5GHz Quad-Core i5 with 4GB of RAM and 500GB hard drive. Apple is also known as for offering such great deals for student, in the past we have seen Apple hold “Back To School” event.