Apple Inc on Tuesday cut the price on its entry-level notebook computer to $999 and introduced a line of aluminum-clad machines starting at $1,299 in moves catering to budget-minded buyers at a time when recession fears loom over the global economy.

It’s real. The fabled MacBook Air actually exists. It’s ultra-thin, can have a normal hard drive or a solid state one and, except for a couple ports, it’s all about wireless connectivity. It’s a stunning .16 inches thick at the bottom and .76 inches on the top.