Apple Prepares To Enter Low-Cost Laptop Market for First Time

Apple is preparing to enter the low-cost laptop market for the first time, developing a budget Mac aimed at luring away customers from Chromebooks and entry-level Windows PCs. Bloomberg News: The new device — designed for students, businesses and casual users — will target people who primarily browse the web, work on documents or conduct light media editing, according to people familiar with the matter.

[…] Apple plans to sell the new machine for well under $1,000 by…