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Jeff Bezos sold his Seattle mansion for a record $63 million before Washington passed a millionaires tax—he now lives in a $237 million Miami compound

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Despite making over $200,000 a year, many NFL referees still hold full-time jobs as attorneys, aerospace engineers, and college professors

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Startup Abby Care raises $82 million to turn family members into paid caregivers

Apple’s new entry-level iMac is easier on the wallet

By
Laura Lorenzetti
Laura Lorenzetti
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By
Laura Lorenzetti
Laura Lorenzetti
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June 18, 2014, 9:51 AM ET
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Apple launched a new entry-level iMac computer Wednesday at a more affordable price point.

The desktop computer will start at $1,099, $200 less than the least expensive model previously available, and will feature a 21.5-inch, ultra-thin screen and Intel Core i5 processors, Apple (AAPL) announced.

It also comes with 8 gigabytes of memory and a 500 gigabyte hard drive, though can be specially configured with higher-end storage options or technical specifications.

As with all Macs, the new iMac carries the OS X operating system and will be able to upgrade to the new Yosemite version when it becomes available this fall.

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