Technology: I'm Shrinking!

With its new cut-price computer and iPod Shuffle, Apple hits the small time

Until last week, Steve Jobs was not known for going after budget-conscious shoppers. Instead, $3,000 CPUs and $600 iPods were more the Apple CEO's speed. But after his company's strong holiday sales and the quadrupling of its first-quarter profits from the year before, Jobs can afford to be generous. As of next week you will be able to buy an entry-level Mac for $500 and a scaled-down iPod for $99. The new iPod is no heftier than a pack of gum, while the Mini Mac is smaller than your average Harry Potter hardcover.

Of course, you're making some sacrifices for those...

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