July 27, 2010 / 3:56 PM / in 8 years

Apple refreshes Mac desktops

SAN FRANCISCO (Reuters) - Apple Inc updated its line of desktop computers on Tuesday with the latest-generation chips, as the company continues to gain share in the PC market.

A boy looks at an Apple iMac desktop computer at the new Apple Store in Pudong Lujiazui, in Shanghai July 10, 2010. REUTERS/Aly Song

Apple refreshed its all-in-one iMac line with new chips from Intel Corp and better graphics.

The iMac starts at $1,199 for a model with a 21.5-inch screen. The 27-inch version starts at $1,699. The new iMacs are available today.

The company also updated its high-end Mac Pro line with powerful quad-core and 6-core Xeon chips from Intel. The Mac Pro starts at $2,499 and will be available in August.

Apple also announced a new 27-inch LED display that will be available in September and sell for $999.

Apple sold 1 million desktop Mac units in its most recent quarter, up 18 percent from last year, generating $1.3 billion in revenue.

According to industry tracker IDC, Apple ranks as the No. 4 computer vendor in the United States, with an 8.8 percent market share.

Shares of Cupertino, California-based Apple rose 1.3 percent to $262.61 in morning Nasdaq trading.

Reporting by Gabriel Madway; Editing by Lisa Von Ahn

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