Apple Inc. (NASDAQ: AAPL), Advance Auto Parts Inc. (NYSE: AAP) – Apple discontinues 512GB, 1TB SSD iMACs

Apple Inc. (NASDAQ: AAPL) has discontinued two configurations of the 21.5-inch iMac. The move follows after the tech giant terminated the iMac Pro.

What happened: The iMac’s 512GB and 1TB SSD configurations are no longer available on Apple’s website, and the 256GB SSD and 1TB Fusion Drive versions are the only options now available to customers, according to a report of MacRumors.

Although the 512 GB and 1 TB SSD options were not available from last month, it was not clear then whether this was due to a problem with the component offering or the permanent discontinuation of the two options, according to the report.

See also: Apple will launch new high-end iPad series with self-built processor in April: Report

Why it matters: Apple’s decision to discontinue the two configurations reinforces the speculation that the technology giant plans to replace the 27-inch and 21.5-inch versions of the iMac with a brand new, redesigned iMac later this year.

Apple launched the iMac Pro in 2017, but discontinued the product earlier this month following the launch of newer products. The company’s refurbished 27-inch iMac is currently the most popular model among professional users, while the Mac Pro is offered at the end of the offering. Apple introduced the Mac Pro in 2019.

Apple is reportedly now looking for a brand new range of iMacs that will be powered by the next generation of Apple silicone chips, as the technology giant continues to focus on device component confidence and deviate from the use of chips made by Intel Corporation (NASDAQ: INTC).

Apple has already introduced the MacBook Air, MacBook Pro and Mac Mini with its own M1 chips.

Price actionApple shares closed 0.5% lower at $ 119.99 on Friday.

Read more: Apple CEO Tim Cook to testify with Epic’s Sweeney in ‘Fortnite’ trial

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