Sure, but before the iMac was introduced, Apple literally had no consumer SKUs left. A consumer could buy an expensive Power Mac if they chose to, but Apple had pulled out of the consumer market.
The last "consumer" Mac that had existed before the iMac was the Power Mac 6500, and that was just a rebadged pro/business machine, and it wasn't really even in a consumer price range.
Again, the day before the iMac was introduced they literally had no consumer machines. Not a single one. They were selling pro hardware to consumers, but at pro price points. Literally the line had been flatted to only the Power Mac G3. You could buy a Power Mac G3, or you could buy nothing.
That's why the iMac was so shocking. It was pro-ish grade hardware at a consumer price point, which Apple had not had in a while.
That doesn't even get into the initial Rhapsody strategy, which also basically abandon the consumer market. Rhapsody was supposed to go against Windows NT. There was no consumer version planned. The plan at that point was basically allowing Rhapsody software to be cross platform on legacy Mac OS (which would have continued) and Windows 95.