Apple cuts prices on 20-inch G5 iMac ... finally
When companies introduce new models of their products, it's a pretty normal practice for them to also slash prices on the old versions. But Apple has never been a normal company, and when the Intel-based iMac was announced a few weeks ago, pricing for the older G5-based models stayed steady. Now, however, Apple has apparently bowed to the inexorable law of the marketplace, and has announced a $200 price cut on the 20-inch G5, from $1,699 to $1,499. Meanwhile, the 17-inch G5 remains at $1,299, a price that puts it on par with its Intel-based doppleganger. Looks like Apple will try to squeeze every last dime out of the model that it can, before throwing in the towel and slashing that one as well (along with the 15-inch G4 PowerBook, which shares a $1,999 price point with the 15-inch Intel-based MacBook Pro).
