$1,000 iMac for Schools, Bulk Buys

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Buying in bulk just got sexy, as Apple is releasing a sub-$1000 iMac for schools and those purchasing more than a few of the desktops.

Using a previous generation of processor, it won't (obviously) have the whiz-bang Sandy Bridge-esque power, but the 3.1 GHz, dual-core will fix what ails your computing woes.

It'll be best at simple apps, ones that don't require heavy lifts on redraws, histograms, etc, accoding to Silicon Alley Insider.

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The box will also house 2GB of RAM, 250GB of hard-disk space and, according to 9to5Mac.com, a 21.5" monitor.

The downsides would be that the RAM is not upgradable and there's no Thunderbolt. The built-in features, like camera, are presumably intact, though.

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