Deals: Brand new 11-inch Apple MacBook Air for $699.99, new iMac cut by $100

A new promotion from AppleInsider sponsor MacMall just popped up offering Apple's 2012 MacBook Air at a rock bottom price of $699 while supplies last. Meanwhile, the entry-level model of the company's new iMac family is already seeing discounts of $100 at three major retailers. [Update: Sold out at $699, now available for

Update: The $699.99 MacBook Air promotion has already sold out at the $699 price, but AppleInsider readers can still pick up this model for $727.49 when using this link and then entering Promo Code APPLEINSIDER01

For under $700, the special MacBook Air pricing is the lowest we can recall for a brand new, in-the-box Apple notebook. Included is an 11-inch MacBook Air with dual-core Intel Core i5 1.7GHz processor, 4GB of RAM, a 64GB SSD and integrated Intel HD Graphics 4000. The final cost represents a 30 percent savings off Apple's MSRP and includes free shipping.

In addition, MacMall only charges sales tax in CA, IL, NY, TN, MN, GA, NC, and WI, meaning customers outside those states should actually receive this unit for $699.99 delivered.

To take advantage of the deal, enter the promo code "APPLEINSIDER01" on this MacMall product page and click "Apply."

Also of note, Apple's new 21.5-inch iMac is also seeing a fairly early $100 price drop at B&H Photo, Amazon and Best Buy. The entry-level model comes with a 2.7 GHz Quad-Core Intel Core i5 Processor with Turbo Boost up to 3.2 GHz, a 1TB HDD, and 8GB of 1600MHz DDR3 Memory.

The lowest prices on the remainder of Apple's Mac product line can be seen daily in our Apple Price Guides .