Reports from analysts and tech blogs point to a new entry-level all-in-one Apple computer that could be revealed as soon as next week. Apple's annual Worldwide Developers Conference is approaching and the latest rumor adds a new, more affordable bersion of Apple's iMac coming on stage.

Ming-Chi Kuo, an analyst with KGI Securities with a formidable track record of successfully predicting Apple's product roadmap, has already sent a note to investors saying that Apple would launch a lower-cost iMac for emerging markets.

French apple site MacBidouille is now claiming that Apple is working on a new iMac. The device will not be powered by an Intel processor, but by the same processor (A7?) found in the latest iPhone although with more cores, according to sources.

In addition, the shipping times for iMacs ordered directly from Apple have been increased, suggesting either that inventory is being run down, or that the company is reducing availability ahead of a new product launch.