Apple announces next generation iMac Apple announces next generation iMac Tuesday at California Theater in San Jose, Calif. The new iMac features a razor-thin design, no optical drive and a body that is 80 percent thinner than the previous model. The new iMac comes in two sizes: 21.5-inch at 1920 x 1080 display resolution or 27-inch at 2560 x 1440. Other features include left and right speakers, dual microphones and a FaceTime HD camera. "The graphics will look like they're right on top of the glass," Apple senior vice president Phil Shiller. CNET: Hands on with Apple's next generation iMac The new iMac's also features a display that is 5mm thick, Intel's Ivy Bridge processor and a new storage design called Fusion storage, which is a combination of a solid-state drive and mechanical hard drive. The 21.5-inch iMac starts at $1,299 and will ship in November. The 27-inch iMac starts at $1,799 and will ship in December.