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Not everyone needs a larger iMac. Our iMac 24 M1 nicely fits our custom smaller desk. Also we sit close to our iMac and we can see the whole screen without having to turn our heads. We are light users. 8GB of RAM suits us. If I were ordering a new iMac today I would order with more RAM, to decrease boot up time. However our use case does not require it. We are very happy with our iMac 24.
So why not let us choose like they used to with the 21.5 and the 27?
 
I bought a Performa 6200 in 1995 and it is considered by some to be the worst Macintosh of all time. On the other hand, Apple of that era sent a repairman to my house twice to fix it, no charge, and one of the times the repair included a new monitor even though the computer was out of warranty.
I had the PowerBook 5300c, the model with the overheating batteries. The one Apple designed a hot-swappable drive bay which inexplicably didn't fit a CD-ROM drive. The one who's CPU had no cache. The one that was so bad that Apple offered a recall/trade in program where people could return theirs for a credit towards a PowerBook G3 (which I took advantage of).
 
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(the equivalent Mac Studio/Studio Display combination that is equivalent to my Intel i9, 27" iMac with 4TB SSD and 128K GB is around $1500 more in price, albeit with the excellent Apple Silicon performance but nothing else being improved).
Let's not kid ourselves into thinking that even if a mythical 27" Apple Silicon iMac existed that it wouldn't also cost $1500 more for the same specs given Apple's upgrade pricing. Did you pay Apple for that 128 GB of RAM that's installed on your current iMac or did you install that yourself aftermarket?
 
I'm still baffled as to why there's no pro/max version.

Oh well, I guess Apple know what they're doing.
Apple's balancing act between leveraging their tech and design while maintaining huge profits isn't straightforward, especially when everyday computing needs have been met by existing tech for over a decade. The iMac's unique 4.5K screen, sets it apart in the market. But this uniqueness complicates comparisons with, say, a Mac Mini setup. A hypothetical 5K iMac Pro would need to rival the Studio Display and a Mac Mini with a Pro chip at minimum, pushing the price well north of $3000.

At that price, one must ponder the necessity of an all-in-one versus the flexibility of a Studio Display and Mac Studio combo, especially considering port selection.

In 2023, two major sticking points with Macs are the exorbitant costs for RAM and storage upgrades, and the upscaling/screen dilemmas. The scarcity of 5K displays (and the need for a 6K display for a 32-inch screen to maintain retina quality and fully utilize Mac capabilities) presents a real conundrum.

This iMac itself is impressive, offering a unique retina screen, 24GB of RAM, and a TB of storage. Unfortunately the pricing with those upgrades is a letdown.
 
This article pretty much confirms the view that this is a replacement for the old 21.5" iMac and not a suitable replacement for the 27" iMac user. Apple never claimed as such, but it was hoped we could get the connectivity, RAM and SSD of the old 27" iMac in this smaller screened version. Apple really do want we 27" iMac users to move to the Studio and associated display at a substantial increase in cost (the equivalent Mac Studio/Studio Display combination that is equivalent to my Intel i9, 27" iMac with 4TB SSD and 128K GB is around $1500 more in price, albeit with the excellent Apple Silicon performance but nothing else being improved).

Yes I could reduce my workflow times with the new processor, but my 2020 iMac is worth next to nothing and I cannot afford to amortize the cost of this machine over 3 years and then pay $1500 more for an equivalent today. It is all a matter of money and time in the end and for me the equation does not work. I do have however a very fast Windows machine and 32" Display which cost about 50% the cost the Mac Studio/Studio Display and appears to be on a similar performance level (lower power consumption is irrelevant in a desktop) and is infinitely more upgradeable. I suspect I know what I will be doing and it will not include Apple products unfortunately. It has been a fun time and will still keep my Apple laptops, but my main machine will probably move to Windows.
The Mx equivalent of my 2017 iMac with 40 GB of ram would be a Mac mini but now I don’t see any benefit to a desktop computer. My life would be better if I had had more mobility
 
So why not let us choose like they used to with the 21.5 and the 27?
You can. Your choice is a Studio Display + mini/Mac Studio.

When we had the 27” (especially when the iMac Pro came out) everyone just begged to have Apple sell us a standalone 27” 5K display and a either a cheap and/or powerful small desktop to pair with it. Be careful for what we wish for??
 
I'm not sure if anyone experienced this but I found that the IPS glow was so bad on the one I received that I to return it. I never owned an M1 24" but I have owned several 5k iMacs. Mine was fairly maxed out also. So I ended up going with an M3 MacBook Pro and a Studio Display. Have to say love the Studio Display.
 
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if you do have this Mac. just stick on a Mac logo . I have lots of the stickers from earlier purchases. and they are perfect.
I don’t. I just wanted to see how it’d look with dark bezels.
 
Honestly the more I think about it, 24" probably is about the biggest one should purchase an all-in-one. A nice stand-alone 27" monitor will be cheaper than an iMac Pro and not literally attached to the computer. I bought a 27" years ago I'm still perfectly happy with that works with all my computers.
 
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I had the 24" iMac with M1 for a week and I thought the screen size was more than adequate, but this is coming from someone who almost always uses a Laptop with a smaller screen. If I were to go the Desktop route I'd be looking at the Mac Studio with the Studio Display, it's just a better all-around desktop, but hard to argue with the value you get with the 24" M3 iMacs right now.
 
But Apple's P/E ratio is not out of line for a large corporation. Right now it's around the territory for Walmart. Apple's profits per share are not "huge".

Just because two companies may have similar P/E ratios or earnings-per-share doesn't mean their profits are similar. Apple's net income for fiscal 2023 was over eight times greater than Walmart's. Apple definitely has "huge profits" (the other poster’s comment) and is currently the most profitable company in the U.S.
 
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Finally ordered my M3, 24GB, 512 SSD replacement for my M1, 16GB, 256GB. This is a living room computer, and the color matches my walls (I got purple to go with my purplish gray living room).

I am currently using 100GB on my M1, I figure I can get away with 512 for the next few years. I have a MacBook with 1 TB if I want to horde files. I figure this computer will be blazing fast for the next five years or so.
 
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I would get this for a kitchen table pc if it was more flexible. I would love if it had display in so I could glue my little gaming pc to the back or hook my ps5 up to it. Would really clean things up in my nook.
 
I’m still annoyed that Apple didn’t give us the choice of the M3 Pro in the iMac when the Mini has a Pro chip.
The iMac motherboard is significantly smaller the the Mac mini motherboard (and the 14” MBP motherboard too). The iMac motherboard is just a stick in the chin (along with the fan, connectors and speakers) with no room to grow. The M1/M2 pro chip would not fit on the iMac motherboard and it is not clear if the M3 Pro chip is significantly smaller.

There is also issue associated with additional cooling required for a Mac Pro chip and the capacity of the iMac’s small heatsink and fans as compared to the Mac mini or the 14” MBP.
 
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