Apple refreshes Mac desktops
Apple Inc updated its line of desktop computers on Tuesday with the latest-generation chips, as the company continues to gain share in the PC market.
Apple refreshed its all-in-one iMac line with new chips from Intel Corp and better graphics.
The iMac starts at $1,199 for a model with a 21.5-inch screen. The 27-inch version starts at $1,699. The new iMacs are available today.
The company also updated its high-end Mac Pro line with powerful quad-core and 6-core Xeon chips from Intel. The Mac Pro starts at $2,499 and will be available in August.
Apple also announced a new 27-inch LED display that will be available in September and sell for $999.
Apple sold 1 million desktop Mac units in its most recent quarter, up 18 percent from last year, generating $1.3 billion in revenue.
According to industry tracker IDC, Apple ranks as the No. 4 computer vendor in the United States, with an 8.8 percent market share.
Shares of Cupertino, California-based Apple rose 1.3 percent to $262.61 in morning Nasdaq trading.
(Reporting by Gabriel Madway; Editing by Lisa Von Ahn)
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