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When people are telling you they've spent a couple of hundred upgrading their graphics card etc, that's not maintenance - it's doing something you simply can't do with your iMac: increase its capability to take advantage of the latest games and tech. In the iMac world, there isn't any comparable activity because your iMac just isn't capable of it - to the point where not only is it not even a valid comparison, the loser in the comparison is actually the other way round!
On the other hand, you'll have spent a lot more time waiting for your machine to do things, because the OS X kernel is the slowest of the big three by a noticeable margin
My 2012 Macbook Pro, 2.6Ghz i7 (£100 as a non runner 5 years ago) now with 16GB, 250GB Samsung SSD (freebie from dead PC at work!) & 1TB hybrid drive (£70). So apart from my time, actually cost around £200, but I know that is an exception.
It boots in 20 seconds (OS El Capitan) & can be web browsing in 30 seconds. It's pretty snappy, runs cool & does me fine for my relatively simple needs.
Having been a Mac supporter, plus PC's + a server on a Novell network, remember them for many years, I can say that in my experience, Mac's are actually a more trouble free, cost effective solution, certainly in an education setting.
Mac initial costs are pretty high but running costs/maintenance/ virus & malware troubleshooting are low, functional operational life is as good or better.
Don't take my subjective views here, try these https://www.businessinsider.com/an-ibm-it-guy-macs-are-300-cheaper-to-own-than-windows-2016-10?r=US&IR=T
https://www.jamf.com/blog/total-cost-of-ownership-mac-versus-pc-in-the-enterprise/
I don't dislike PC's, after all they are just tools, but I currently have an i5 mini PC that has been the bane of my life to install windows 7/8 onto as the PC requires it's own individual drivers to be initially installed, in a specific order, before it will even function, much less allow an OS installation...grrrr.
It is now looking increasingly like a Linux box
I spent say £2k on my PC.
They may have spent less to begin with, but how much have they spent in the same time frame and how long have they spent on maintenance. Be it voluntary or forced.
In the end, it is just a tool to get things done, I got the same things done with the same machine from years ago, it doesn't run any slower so no need to upgrade. Obviously, if they spent no money and no time then that's a point to PC but in my experience a lot of PC user that I know won't last that long.
They either know what they are doing, thus know they can upgrade, and spend money on it and keep it running well.
Or they don't know what they are doing, hence getting all kinds of malware on it and it runs like a dog and dies way early.
Most recently 2014 i built a Silent (fanless) PC which sits under the telly as a media server for the house. Runs win10 and its been faultess as have all the computers ive spec'd and built myself.
Retail computers are full of crap software.
A clean OS install on a fresh HDD is the way to go.
My Atari 1040STE did it so fast that I thought I'd written it wrong. I had to increase the numbers generated by a factor of 100 just to show it was actually working and it still took under a minute.
386 PC that we were using on the course ( OK for the time, 1980's), took 20 odd minutes using the exact same code.
I had to bring my Atari in, along with a friends Amiga, to prove to the lecturer that it was true
Plus the AdSCSI card & 40Mb HD, it was a beast in it's day.
Must dig it out & give a spin, it always kicked the arses of PC's & Mac's for MIDI capability