With hype for the iPhone still high after its release two months ago, Apple continued this year's run of new and upgraded products with the launch of the new iMac yesterday. Flaunting a thinner aluminum-and-glass casing and running with updated iLife and iWorks software, the new iMac was revealed at the company's Cupertino, California headquarters by Apple CEO Steve Jobs.

While the upgrades provide improved photo and video features and even a new spreadsheet program called Numbers, principal analyst Rob Enderle of the Enderle Group noted an unusually slower progress rate for Apple compared to its competitor Hewlett-Packard. Enderle said the new iMacs lack the touch features of the HP TouchSmart, for example, indicating that "for the past six months, the major work was on the iPhone, and it pretty much eclipsed everything else."

The iMacs are already available, with prices starting at $1,199. Up next for Apple? The fall announcement of Leopard, the newest version of Apple's OS X operating system, as well as a new iPod, which Enderle also expects to be unveiled later in the year.--Kevin Manahan