Apple introduces new Mac mini with M2 and M2 Pro - more powerful, capable, and versatile than ever

Starting at just $599, Mac mini is even more affordable

Apple® today unveiled the new Mac mini®, supercharged by M2 and the all-new M2 Pro. With the M2 chip, Mac mini is even more powerful, capable, and affordable with a new starting price of just $599. The new M2 Pro chip delivers pro-level performance to Mac mini for the first time, enabling users to run high-performance workflows that were previously unimaginable in such a compact design. Mac mini with M2 and M2 Pro delivers faster performance, even more unified memory, and advanced connectivity, including support for up to two displays on the M2 model, and up to three displays on the M2 Pro model. Paired with Studio Display and Magic accessories, along with the power and ease of macOS® Ventura, Mac mini provides a phenomenal desktop experience that will take users' productivity and creativity to the next level. Customers can order the new Mac mini models today, with availability beginning Tuesday, January 24.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230117005534/en/

With M2 and the all-new M2 Pro, Mac mini features faster performance and incredible connectivity, while delivering even more value. (Photo: Business Wire)

"With incredible capabilities and a wide array of connectivity in its compact design, Mac mini is used in so many places, in so many different ways. Today, we're excited to take it even further with M2 and M2 Pro," said Greg Joswiak, Apple's senior vice president of Worldwide Marketing. "Bringing even more performance and a lower starting price, Mac mini with M2 is a tremendous value. And for users who need powerful pro performance, Mac mini with M2 Pro is unlike any other desktop in its class."

Even More Performance with M2 and M2 Pro

Compared to the previous-generation Mac mini, M2 and M2 Pro bring a faster next-generation CPU and GPU, much higher memory bandwidth, and a more powerful media engine to Mac mini, delivering extraordinary performance and industry-leading power efficiency. Both models feature an advanced thermal system for exceptional sustained performance.

Mac mini with M2

Mac mini with M2 features an 8-core CPU with four high-performance and four high-efficiency cores, along with a 10-core GPU — perfect for users looking for superfast performance and incredible productivity at an even more affordable starting price of $599. Everyday tasks are blazing fast — from launching and multitasking between apps to browsing the web. For users with more intensive tasks, Mac mini with M2 also powers through even more demanding workloads. With up to 24GB of unified memory and 100GB/s of bandwidth, activities like image editing in Adobe Photoshop are up to 50 percent faster ¹ than the previous generation. M2 also adds ProRes® acceleration to Mac mini, so tasks like video editing in Final Cut Pro® are more than twice as fast. ¹ The M2 model can also simultaneously play up to two streams of 8K ProRes 422 video at 30 fps, or up to 12 streams of 4K ProRes 422 video at 30 fps. With all this performance, Mac mini is up to 5x faster than the bestselling Windows desktop, ² delivering incredible value to first-time computer buyers, upgraders, and PC switchers.

When compared to the Mac mini with Intel Core i7, ³ Mac mini with M2 offers:

Up to 22x faster machine learning (ML) image upscaling performance in Pixelmator Pro.
9.8x faster complex timeline rendering in Final Cut Pro.

When compared to the previous-generation Mac mini with M1, ¹ Mac mini with M2 delivers:

Up to 2.4x faster ProRes transcode in Final Cut Pro.
Up to 50 percent faster filter and function performance in Adobe Photoshop.
Up to 35 percent faster gameplay in Resident Evil Village.

Mac mini with M2 Pro

M2 Pro brings pro-level performance to Mac mini for the first time. Featuring up to a 12-core CPU with eight high-performance cores and four high-efficiency cores, along with up to a 19-core GPU, M2 Pro has 200GB/s of memory bandwidth — double the amount in M2 — and supports up to 32GB of memory. The next-generation Neural Engine is 40 percent faster than M1, speeding up ML tasks like video analysis and image processing. Designed to dramatically accelerate video playback and encoding while using very little power, M2 Pro offers a powerful media engine, which speeds through the most popular video codecs and can simultaneously play up to five streams of 8K ProRes 422 video at 30 fps, or up to 23 streams of 4K ProRes 422 video at 30 fps. The M2 Pro-powered model is up to 14x faster than the fastest Intel-based Mac mini. ³

When compared to the 27-inch iMac® with Intel Core i7 and Radeon Pro 5500 XT, ⁴ Mac mini with M2 Pro offers:

Up to 50 percent faster filter and function performance in Adobe Photoshop.
Up to 5.5x faster panoramic merge in Adobe Lightroom Classic.
Up to 4.4x faster object tracking in Final Cut Pro.

When compared to the previous-generation M1 Mac mini, ¹ Mac mini with M2 Pro delivers:

Up to 2.5x faster graphics performance in Affinity Photo.
Up to 4.2x faster ProRes transcode in Final Cut Pro.
Up to 2.8x faster gameplay in Resident Evil Village.

With M2 Pro, Mac mini users can run high-performance workflows that were previously inconceivable in such a compact form factor. Musicians can produce music with incredibly powerful plug-ins and effects without missing a beat, while photographers can adjust huge images in an instant. Creators can seamlessly work in multicam with multiple camera formats, including ProRes video, and gamers can play demanding titles in console quality. Gaming performance is up to 15x faster than the fastest Intel-based Mac mini. ³

Advanced Connectivity

Mac mini continues to deliver extensive connectivity with a wide range of ports. The M2 model features two Thunderbolt 4 ports and support for up to two displays. The M2 Pro model includes four Thunderbolt 4 ports and support for up to three displays. Additionally, the M2 Pro model can support one 8K display, a first for the Mac®. Both models feature two USB-A ports, an HDMI port, a Gigabit Ethernet port with a 10GB option, and an upgraded headphone jack to support high-impedance headphones. For wireless connectivity, both new models also feature the latest standards with Wi-Fi 6E ⁵ for up to 2x faster throughput than before, as well as Bluetooth 5.3.

A Phenomenal Desktop Experience with Studio Display and Magic Accessories

Paired with Studio Display and Magic accessories, Mac mini delivers a phenomenal desktop experience. Studio Display completes the full Mac desktop setup experience with its expansive 27-inch 5K Retina display, 12MP Ultra Wide camera with Center Stage™, studio-quality three-mic array, and six-speaker sound system with Spatial Audio. Customers can add matching Magic accessories that complement the elegant design of Mac mini and Studio Display.

macOS Ventura

With macOS Ventura, Mac mini delivers even more performance and productivity. Powerful updates like Continuity Camera bring videoconferencing features to any Mac, including Desk View, Center Stage, Studio Light, and more. Handoff® in FaceTime® allows users to start a FaceTime call on their iPhone® or iPad® and fluidly pass it over to their Mac, or vice versa. And tools like Stage Manager automatically organize apps and windows, so users can concentrate on the task at hand and still see everything in a single glance.

Messages and Mail are better than ever, while Safari® — the world's fastest browser on Mac — ushers in a passwordless future with passkeys. With iCloud® Shared Photo Library, users can now create and share a separate photo library among up to six family members, and the new Freeform app provides a flexible canvas that helps users be more productive and expressive, whether they are planning or brainstorming on their own, or with others. With the power and popularity of Apple silicon, and new developer tools in Metal® 3, gaming on Mac has never been better.

Mac mini and the Environment

Mac mini is designed to minimize its impact on the environment, including 100 percent of the following recycled materials: aluminum in the enclosure, rare earth elements in all magnets, tin in the solder of the main logic board, and gold in the plating of multiple printed circuit boards. It also features 35 percent or more recycled plastic in multiple components and meets Apple's high standards for energy efficiency. It is free of numerous harmful substances, and 96 percent of the packaging is fiber based, bringing Apple closer to its goal of completely removing plastic from its packaging by 2025.

Today, Apple is carbon neutral for global corporate operations, and by 2030, plans to be 100 percent carbon neutral across the entire manufacturing supply chain and all product life cycles. This means that every Apple device sold, from component manufacturing, assembly, transport, customer use, charging, all the way through recycling and material recovery, will have net-zero climate impact.

Pricing and Availability

The new Mac mini with M2 and M2 Pro is available to order today, January 17, on apple.com/store and in the Apple Store® app in 27 countries and regions, including the US. It will start arriving to customers, and in Apple Store locations and Apple Authorized Resellers, beginning Tuesday, January 24.
Mac mini with M2 and M2 Pro will be available in Australia , China , Hong Kong , Japan , Macau , and New Zealand beginning Friday, February 3.
Mac mini with M2 starts at $599 (US) and $499 (US) for education. Additional technical specifications are available at apple.com/mac-mini .
Mac mini with M2 Pro starts at $1,299 (US) and $1,199 (US) for education. Additional technical specifications are available at apple.com/mac-mini .
Additional technical specifications and details on Studio Display and Magic accessories are available at apple.com/store .
Every customer who buys a Mac from Apple can enjoy a free Online Personal Session with an Apple Specialist; get their product set up in select stores, including help with data transfer; and receive guidance on how to make their new Mac work the way they want.
With Apple Trade In, customers can trade in their current computer and get credit toward a new Mac. Customers can visit apple.com/shop/trade-in to see what their device is worth.
AppleCare+® for Mac provides expert technical support and additional hardware coverage from Apple, including up to two incidents of accidental damage protection every 12 months, each subject to a fee.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple's five software platforms — iOS, iPadOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple's more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

¹ Results are compared to previous-generation Mac mini systems with Apple M1, 8-core CPU, 8-core GPU, 16GB of RAM, and 2TB SSD.

² Testing was conducted by Apple in November and December 2022 using preproduction Mac mini systems with Apple M2, 8-core CPU, 10-core GPU, 8GB of RAM, and 256GB SSD, as well as production Intel Core i5-based PC systems with Intel UHD Graphics 730 and the latest version of Windows 11 available at the time of testing. The bestselling system is based on publicly available sales data over the prior 12 months. Performance tests are conducted using specific computer systems and reflect the approximate performance of Mac mini.

³ Results are compared to previous-generation 3.2GHz 6-core Intel Core i7-based Mac mini systems with Intel UHD Graphics 630, 64GB of RAM, and 2TB SSD.

⁴ Results are compared to previous-generation 3.8GHz 8-core Intel Core i7-based 27-inch iMac systems with AMD Radeon Pro 5500 XT with 8GB of GDDR6, 8GB of RAM, and 512GB SSD.

⁵ Wi‑Fi 6E is not available in China mainland. It requires macOS 13.2 or later in Japan.

NOTE TO EDITORS: For additional information visit Apple Newsroom ( www.apple.com/newsroom ), or call Apple's Media Helpline at (408) 974-2042.

© 2023 Apple Inc. All rights reserved. Apple, the Apple logo, Mac mini, macOS, ProRes, Final Cut Pro, iMac, Mac, Center Stage, Handoff, FaceTime, iPhone, iPad, Safari, iCloud, Metal, Apple Store, and AppleCare+ are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230117005534/en/

Starlayne Meza
Apple
starlayne_meza@apple.com

Michelle Del Rio
Apple
mr_delrio@apple.com
(408) 862-1478

Apple Media Helpline
media.help@apple.com
(408) 974-2042

News Provided by Business Wire via QuoteMedia

aapl apple mobile investing Mobile Investing

AAPL

Apple announces Chief Financial Officer transition

Apple® today announced that Chief Financial Officer Luca Maestri will transition from his role on January 1, 2025. Maestri will continue to lead the Corporate Services teams, including information systems and technology, information security, and real estate and development, reporting to Apple CEO Tim Cook. As part of a planned succession, Kevan Parekh, Apple's Vice President of Financial Planning and Analysis, will become Chief Financial Officer and join the executive team.

"Luca has been an extraordinary partner in managing Apple for the long term. He has been instrumental in improving and driving the company's financial performance, engaging with shareholders, and instilling financial discipline across every part of Apple. We're fortunate that we will continue to benefit from the leadership and insight that have been the hallmark of his tenure at the company," said Tim Cook, Apple's CEO.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Our Approach to Clean and Renewable Energy

At Meta, we work to design, build and operate some of the most innovative and sustainable data centers in the world. They provide the technology that billions of people use every day to connect and build community. Ensuring these world-class data centers are supported by clean and renewable energy is foundational to our approach. We recognize that adding new energy to the grid is important, not only because of our scale and scope as a company, but because we want to play a positive role in the communities in which we operate

Since 2020, we have matched 100% of our annual electricity use with new renewable energy and have a long history of partnering with utilities and renewable developers to bring new wind and solar energy projects to grids where we operate. As a voluntary buyer of renewable energy, we prioritize supporting high quality, innovative clean and renewable energy projects around the globe, which is key to maintaining net zero emissions for our operations.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Apple extends its privacy leadership with new updates across its platforms

Private Cloud Compute sets a new standard for privacy in artificial intelligence

Apple® today announced new updates across its platforms that help empower users and keep them in control of their data. Private Cloud Compute extends the industry-leading protections of iPhone® to the cloud, so that users don't have to choose between powerful intelligence grounded in their personal context and strong privacy protections. Apple also raised the bar for privacy with new features, such as locked and hidden apps, aimed at helping users protect sensitive areas of their phones. Apple introduced additional features designed with privacy and security in mind, including categorization in Mail, Messages via satellite, and presenter preview.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Apple empowers developers and fuels innovation with new tools and resources

Enhancements to Xcode and Swift, combined with new APIs, offer developers expanded capabilities for creating high-quality apps

Apple® today unveiled a suite of innovative new tools and resources designed to enable developers worldwide to create more powerful and efficient apps across all Apple platforms. With Xcode® 16, developers can save time in their development process and get more done thanks to features like Swift® Assist and predictive code completion. New and expanded APIs give developers the tools to advance their apps and introduce exciting features.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In millions, except number of shares, which are reflected in thousands, and per-share amounts)

	Three Months Ended					Nine Months Ended
	June 29, 2024		July 1, 2023			June 29, 2024		July 1, 2023
Net sales:
Products	$	61,564	$	60,584		$	224,908	$	230,901
Services		24,213		21,213			71,197		62,886
Total net sales ⁽¹⁾		85,777		81,797			296,105		293,787
Cost of sales:
Products		39,803		39,136			140,667		146,696
Services		6,296		6,248			18,634		18,370
Total cost of sales		46,099		45,384			159,301		165,066
Gross margin		39,678		36,413			136,804		128,721

Operating expenses:
Research and development		8,006		7,442			23,605		22,608
Selling, general and administrative		6,320		5,973			19,574		18,781
Total operating expenses		14,326		13,415			43,179		41,389

Operating income		25,352		22,998			93,625		87,332
Other income/(expense), net		142		(265	)		250		(594	)
Income before provision for income taxes		25,494		22,733			93,875		86,738
Provision for income taxes		4,046		2,852			14,875		12,699
Net income	$	21,448	$	19,881		$	79,000	$	74,039

Earnings per share:
Basic	$	1.40	$	1.27		$	5.13	$	4.69
Diluted	$	1.40	$	1.26		$	5.11	$	4.67
Shares used in computing earnings per share:
Basic		15,287,521		15,697,614			15,401,047		15,792,497
Diluted		15,348,175		15,775,021			15,463,175		15,859,263

⁽¹⁾ Net sales by reportable segment:
Americas	$	37,678	$	35,383		$	125,381	$	122,445
Europe		21,884		20,205			76,404		71,831
Greater China		14,728		15,758			51,919		57,475
Japan		5,097		4,821			19,126		18,752
Rest of Asia Pacific		6,390		5,630			23,275		23,284
Total net sales	$	85,777	$	81,797		$	296,105	$	293,787

⁽¹⁾ Net sales by category:
iPhone	$	39,296	$	39,669		$	154,961	$	156,778
Mac		7,009		6,840			22,240		21,743
iPad		7,162		5,791			19,744		21,857
Wearables, Home and Accessories		8,097		8,284			27,963		30,523
Services		24,213		21,213			71,197		62,886
Total net sales	$	85,777	$	81,797		$	296,105	$	293,787

Apple Inc. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except number of shares, which are reflected in thousands, and par value)

	June 29, 2024			September 30, 2023
ASSETS:
Current assets:
Cash and cash equivalents	$	25,565		$	29,965
Marketable securities		36,236			31,590
Accounts receivable, net		22,795			29,508
Vendor non-trade receivables		20,377			31,477
Inventories		6,165			6,331
Other current assets		14,297			14,695
Total current assets		125,435			143,566

Non-current assets:
Marketable securities		91,240			100,544
Property, plant and equipment, net		44,502			43,715
Other non-current assets		70,435			64,758
Total non-current assets		206,177			209,017
Total assets	$	331,612		$	352,583

LIABILITIES AND SHAREHOLDERS' EQUITY:
Current liabilities:
Accounts payable	$	47,574		$	62,611
Other current liabilities		60,889			58,829
Deferred revenue		8,053			8,061
Commercial paper		2,994			5,985
Term debt		12,114			9,822
Total current liabilities		131,624			145,308

Non-current liabilities:
Term debt		86,196			95,281
Other non-current liabilities		47,084			49,848
Total non-current liabilities		133,280			145,129
Total liabilities		264,904			290,437

Commitments and contingencies

Shareholders' equity:
Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,222,259 and 15,550,061 shares issued and outstanding, respectively		79,850			73,812
Accumulated deficit		(4,726	)		(214	)
Accumulated other comprehensive loss		(8,416	)		(11,452	)
Total shareholders' equity		66,708			62,146
Total liabilities and shareholders' equity	$	331,612		$	352,583

Apple Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In millions)

	Nine Months Ended
	June 29, 2024			July 1, 2023
Cash, cash equivalents and restricted cash, beginning balances	$	30,737		$	24,977

Operating activities:
Net income		79,000			74,039
Adjustments to reconcile net income to cash generated by operating activities:
Depreciation and amortization		8,534			8,866
Share-based compensation expense		8,830			8,208
Other		(1,964	)		(1,651	)
Changes in operating assets and liabilities:
Accounts receivable, net		6,697			7,609
Vendor non-trade receivables		11,100			13,111
Inventories		41			(2,570	)
Other current and non-current assets		(5,626	)		(4,863	)
Accounts payable		(15,171	)		(16,790	)
Other current and non-current liabilities		2			2,986
Cash generated by operating activities		91,443			88,945

Investing activities:
Purchases of marketable securities		(38,074	)		(20,956	)
Proceeds from maturities of marketable securities		39,838			27,857
Proceeds from sales of marketable securities		7,382			3,959
Payments for acquisition of property, plant and equipment		(6,539	)		(8,796	)
Other		(1,117	)		(753	)
Cash generated by investing activities		1,490			1,311

Financing activities:
Payments for taxes related to net share settlement of equity awards		(5,163	)		(5,119	)
Payments for dividends and dividend equivalents		(11,430	)		(11,267	)
Repurchases of common stock		(69,866	)		(56,547	)
Proceeds from issuance of term debt, net		—			5,228
Repayments of term debt		(7,400	)		(11,151	)
Repayments of commercial paper, net		(2,985	)		(5,971	)
Other		(191	)		(508	)
Cash used in financing activities		(97,035	)		(85,335	)

Increase/(Decrease) in cash, cash equivalents and restricted cash		(4,102	)		4,921
Cash, cash equivalents and restricted cash, ending balances	$	26,635		$	29,898

Supplemental cash flow disclosure:
Cash paid for income taxes, net	$	19,230		$	7,020

Apple introduces new Mac mini with M2 and M2 Pro - more powerful, capable, and versatile than ever

Latest News

Latest Press Releases

Related News

TOP STOCKS