Cheaper version of Apple 5K Retina iMac

Washington: In a bid to lower the price of its 5K Retina iMac, Apple has released a new and cheaper version and brought the cost of its high-end model down to 2,299 dollars from 2,499 dollars.

The cheaper version of the iMac, which is priced at 1,999 dollars, is largely the same as the more expensive model, but cuts down on a few features. It lacks Apple's hybrid Fusion drives, and instead uses a standard 1TB drive, reports The Verge.

The model will also replace Apple's top-of-the-line non-Retina iMac.

Alongside the iMac, Apple also released new models of the 15-inch MacBook Pro that includes a Force Touch trackpad and boasts of additional hour of battery life, faster storage, and up to 80 percent faster graphics.

The two configurations being offered by Apple right now, have however, brought up the price of the MacBook Pros , with the two models priced at 1,999 dollars and 2,499 dollars each, up from 1,899 dollars and 2,399 dollars, respectively.