Today, Apple revealed an update to the 27-inch 5K Retina iMac with faster processors, updated graphics, more storage, and new display features. Although the new 27-inch iMac’s design is identical to the existing model, this is still a significant update compared to the iMac it replaces.

According to Apple’s press release:

“Now more than ever, our customers are relying on the Mac. And many of them need the most powerful and capable iMac we’ve ever made,” said Tom Boger, Apple’s senior director of Mac and iPad Product Marketing. “With blazing performance, double the memory, SSDs across the line with quadruple the storage, an even more stunning Retina 5K display, a better camera, higher fidelity speakers, and studio-quality mics, the 27-inch iMac is loaded with new features at the same price. It’s the ultimate desktop, to work, create, and communicate.”

Last updated in March 2019, the new iMac features 6 and 8-core 10th generation Intel CPUs that can reach speeds of up to 5.0GHz with Turbo Boost. Storage is all SSD now with transfer speeds up to 3.4GB/s when launching apps and large files. There’s also an 8TB SSD option for the first time, which is four times the storage available in the previous model. Until today, the standard configurations of the 27-inch iMac came with Fusion drives.

The new iMac has been upgraded to AMD Radeon Pro Series 5000 graphics. The display of the iMac is the same resolution as before, but now, it comes with a new nano-texture option first seen in the Pro Display XDR, which provides a low-reflection, matte finish, and it supports Apple’s True Tone technology. The new all-in-one desktop also includes a T2 chip for boot and data security, a 1080p FaceTime HD camera, and improved speakers and microphones.

Apple’s other iMacs received smaller updates today too. SSDs are now standard in the 21.5-inch model, although a Fusion Drive is still an option. Also, a 10-core Intel Xeon processor is now standard in the iMac Pro.

Today’s updates are in line with Apple’s statements during WWDC that the company had additional updates to Macs based on Intel CPUs in the pipeline. Although Macs with ARM processors are on the way later this year, Apple has not revealed which models will be converted to ARM first. Consequently, if you need a new desktop Mac, it’s still worth considering the Intel-based models, especially the new 27-inch iMac, which is substantially improved over its last iteration.