Is the Mac Pro still a viable platform for Apple?
Summary: The Mac Pro (affectionately known as "the cheese grater") hasn't received a major update in 2.5 years, and Thunderbolt expansion chassis technology could render the tower architecture extinct.

The Mac Pro, Apple's only computer with expansion slots and bays, is on its last legs.
Apple last updated its venerable tower PC in July 2010 (adding 12 cores and SSDs) more than 2.5 years ago, 932 days to be exact. While the Mac Pro received a minor CPU speed bump in June 2012, it didn't receive critical upgrades to technologies like Thunderbolt and USB 3.0 that pros need.
While there have been some hints of a new Mac Pro (1, 2, 3) there has been no official word from Cupertino short of a vaguely worded email from Tim Cook last summer, saying that "we’re working on something really great for later next year." If Apple does upgrade the Mac Pro, it might even make it in the United States.
My question is: who needs a Mac Pro anyway?
I understand that video professionals and major pixel pushers need as much horsepower as possible. This often includes copious amounts of RAM (the current Mac Pro can support up to 64GB of RAM), four drive bays, a discrete GPU, and of course, slots.
The iMac maxes out at 32GB of RAM, has an anemic GPU, no bays and no expansion slots. However, as my colleague David Morgenstern points out, an iMac can be expanded with "JBOP" (Just a Bunch of Peripherals). It can support PCIe expansion cards via a breakout box connected to its Thunderbolt port. While not as elegant as a spacious tower, it can be done.
So, while use cases exist for high-power Macs loaded to the gills with drives and cards, what percentage of Mac users actually buy them? I suspect that most professional Mac users that got tired of waiting for a new Mac Pro upgraded to either a retina MacBook Pro, an iMac JBOP, and/or a Mac mini connected to a massive storage array like the new Drobo 5D.
You: Apple CEO
Put yourself in Tim Cook's shoes. Would you invest the R&D time necessary to create a new Mac Pro? Or would you put those resources on more profitable product lines?
Apple could probably squeeze another year of life out the current Mac Pro ("cheese grater") form factor and simply release an invisible upgrade with support for the latest Intel chips, Thunderbolt and USB 3.0, but that's not really Apple's style. Apple likes to go big with hardware re-designs and the Mac Pro is overdue.
Enough people have complained about the lack of a new Mac Pro that Apple will probably have to act. If Apple releases a new Mac Pro I would vote for a new enclosure that works as a tower but could also be rack mounted. This would get pro users back into the fold and potentially delight enterprise users as well.
While we anxiously await Apple's decision, here are some Mac Pro concepts from Scott Richardson to drool over:

Further reading:
- Is the Mac Pro dead? 21 Nov 2011
Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.
Talkback
I'd like a rack friendly tower!!
yes
Half the PCI slots--we have thunderbolt
Half the hd slots--we have thunderbolt
Maybe even half the memory slots
Keep all the USB-Thunderbolt ports
Add SATA port and SD-card slot.
Synth
No.
Ditto
Apple is simply being lazy with the current Mac pro.
Make yourself a Hackintosh
Here's a fun idea
Huh?
Why?
Well
Computing power aside
So?
Try it with the air
ARM?
only Intel XEON processors make sense in a pro-level machine, because the i3/i5/i7 are designed to work in isolation; the XEON is designed for multi-cpu use. this is especially handy on my DAW which uses ProTools, Logic, Cubase, hundreds of plugins, and a host of other audio processing software.
Hence my mention
Overpriced machine that runs outdated software
Amazing
Actually
Maybe it will be worth it after they update it this year.
iMac JBOP
The other problem with an all-on-one (and laptop, tablet etc. for that matter) is that if machine becomes too slow, you have to throw out a perfectly good monitor to get more performance. My old iMac (2006 24") is too slow and creaks under the strain of Lion with Mail and Safari running, but the screen is still good enough, but if I want to upgrade the "PC" side of the equation, I need to buy a new machine and a new monitor.
And as shiitaki says, the external Thunderbolt may allow external peripherals to be connected, but that is the problem, they are external, need their own power supply and need a connecting cable, so you end up with a pile of hardware next to the sleek device and a pile of power supplies vying for plug space under the desk and a spaghetti of cables all over the place!
On a Mac Pro, most of those would probably disappear inside the case and use the power supply of the Mac.
Mac Pro RAM Limits