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Apple Boosts Price of iMacs by 7%

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Associated Press

Apple Computer Inc. raised the price of its new iMac computers by $100, or an average 7%, citing an increase in costs for memory and flat-panel liquid-crystal displays since the models were introduced in January. Prices for iMacs will now range from $1,399 to $1,899.

The price increase was announced on the opening day of the Macworld Expo in Tokyo, where the company is introducing such new products as a 10-gigabyte version of the iPod music player.

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