iMac Update Expected This Year, Model With OLED Display Also in Works

Apple has finished development of a new iMac that it plans to release later this year, according to a report today from Bloomberg 's Mark Gurman . The updated iMac is one of 11 new Mac models that Apple plans to release over the next two years or so. The next iMac will unsurprisingly have a newer chip, but the report did not indicate if Apple plans to use the existing M5 chip or the upcoming M6 chip.