Apple will no longer produce the iMac Pro as the company apparently works on innovative brand-new tech, like foldable iPhones and virtual reality gear (AAPL) thumbnail

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Summary List PlacementApple will stop the iMac Pro after current materials goes out..
The tech giant will stop making new iMac Pros after stock runs out, Apple informed CNN Service. The $4,999 model features a 10, 14, and 18 core processors, Turbo Boost speeds of approximately 4.5 GHz, and Retina 5K display.
Apple launched the iMac Pro, which it called the “fastest and most powerful Mac ever,” in December 2017..
Apple’s announcement comes when the tech leviathan absolutely nos in on brand-new development. The company is apparently working on a self-governing electrical vehicle, a foldable phone, and wise glasses..
Jony Ive, Apple’s visionary design guru credited with designing the iMac and iPhone, left the firm in 2019 to form an independent design business. Ive’s exit, along with senior vice president of engineering Dan Riccio’s brand-new task, could blaze a trail for fresh management to redefine the future of Apple items, Expert’s Lisa Eadicicco reported.
Read more: Inside Apple’s ambitious next decade, where it might redefine customer tech with a VR headset, foldable iPhone, and even an Apple Cars and truck.
Apple reported a record $111 billion in revenue in its fiscal first-quarter earnings, sustained by a successful launch of 5G iPhones and a need for new hardware as workers worked from house during the pandemic. Sales of iPhones stayed constant even as the company briefly closed shops in 2015.
The iMac has seen gradually decreasing sales over the last two decades, accounting for a tenth of Apple’s total profits since 2018, below 86.2%of total income back in 2000, per Statista.
Apple upgraded 21.5- inch and 27- inch iMacs in 2019 with more powerful processors and faster graphics. The update enabled consumers to purchase six-core and eight-core configurations in less costly iMacs rather of buying the $4,999 iMac Pro..
Apple did not immediately react to Expert’s request for remark. Sign up with the conversation about this story” NOW WATCH: What makes ‘Parasite’ so stunning is the twist that happens in a 10- minute sequence
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