The new iMac costs $200 less than the older iMac, but the changes are far more dramatic than Apple’s price drop.

It’s no secret that affording tech these days is an expensive endeavor. With that said, it’s often the case that you get what you pay for: if you want a more budget-friendly device, you must sacrifice some of the amazing tech specs you’d like to covet in a device that’ll go home with you.

The same can be said for Apple’s new 21.5-inch iMac. The new iMac is priced $200 below that of the older iMac: the new iMac costs $1,099, as opposed to the older $1,299 iMac. What do you get for the price reduction? First, the processor is nearly twice as slow: whereas the older iMac has a 2.7Ghz quad-core i5 processor, the new, “budget-friendly” iMac has a 1.4Ghz, dual-core i5 processor. A 1.4Ghz processor is sufficient for most tasks, but tech enthusiasts may not see the speed reduction as sufficient for $200.

The next compromise in the iMac spec sheet is storage: whereas the older iMac has a 1TB hard drive, the new budget-friendly iMac has a 500GB hard drive. For $200 less than the high-powered, high-storage iMac, you get half the processing speed and half the hard drive memory storage. It would seem that, for the “half-slashed” speeds and memory, you’d get a device that would be half the cost. Unfortunately, Apple still wants you to pay a pretty penny due to the 21.5-inch display. One wonders why Apple didn’t reduce the display size in order to make the offer a truly budget-friendly one.

At the same time, you do get 4 USB 3.0 ports and two Thunderbolt ports – so there’s some small advantage here. Keep in mind that you also receive iLife and iWork free with the purchase of new iMacs and other Apple devices. At the same time, it is our hope that Apple will provide a more competitive price in the future. Still, if the iMac is an item you’ve been coveting, now’s as good a time as any to place your eyes upon yet another stellar Apple device.

Now, all apple lovers have their eyes on iPhone 6, iWatch and iPad Air 2 rumored to hit the market in October.

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