According to Mark Gurman, Apple has no plans to launch a new 24-inch iMac until late 2023 at the earliest. In his newsletter, he reiterated his expectation that Apple will skip updating the iMac with the M2 chip and instead wait to release a model with the M3 chip, which has yet to be announced.

M3 Chip Expected to Bring Performance and Power Efficiency Improvements

"I haven't seen anything to suggest there will be a new iMac until the M3 chip generation, which won't arrive until the tail end of this year at the earliest or next year. If you want to stick with the iMac, you'll have to sit tight," wrote Gurman.

We expect Apple's M3 chip to be manufactured based on TSMC's latest 3nm process, providing additional performance and power efficiency improvements. The M3 chip may also be used in a new MacBook Air rumored to launch by the second half of 2023 and potential future versions of the 13-inch MacBook Pro and Mac mini. By comparison, the M2 chip is built on TSMC's second-generation 5nm process.

The Last Update for iMac was in 2021

Apple last updated the iMac in April 2021 with the M1 chip and a new ultra-thin design available in seven colors, including green, yellow, orange, pink, purple, blue, and silver. Gurman previously claimed that a larger iMac could return, but he did not share any new info about that possibility today.