Based around a PowerPC G5 processor and boasting a radical redesign, the new iMac has touted by Phil Schiller, senior vice president of Apple worldwide product marketing, as "the world's thinnest desktop computer."

The new iMac resembles a thicker version of Apple's LCD Cinema Display series, and has the entire computer, including optical drive and power supply, built into a single case two inches deep. There are different versions of the system: The low-end machine, priced at $1,299, is based around a 17-inch LCD and 1.6GHz PowerPC G5 processor, and comes with a 533MHz front-side bus, 256MB of DDR-RAM, and a slot-loaded CD-RW/DVD combo drive. The mid range has 1.8GHz with a 600MHz front-side bus, whereas the high end model has a 20-inch version and a 160GB hard drive.