It has an Intel Core m3 processor, which isn't as fast as the Core i5 or Core i7, but will satisfy anyone with simple needs. It also runs Windows S and has 4GB of RAM and 128GB of internal storage.
While it's not the high-end model, it's a fair price for a premium laptop.
It's a whole $200 cheaper than the next model up, which offers the speedier Core i5 CPU for $999. Currently the deal is US only.