Support for the fastest M1 Ultra chip in the Mac Studio means that Parallels claims it now runs Windows 11 98% faster than previously since it harnesses the full power of the M1 Ultra chip.
Support for Windows 11 has also been improved with an easier installation process on M1 Macs and support for game controllers in Windows 11 on a Mac.
Playing games on Windows 11 in Parallels has also been improved thanks to support for higher frame rates for fast moving games.
Finally, Parallels 18 is already macOS Ventura ready which will be released publicly this Fall to all Mac users.
Pricing for Parallels has been increased slightly with the release of Parallels 18.
The Standard Edition of Parallels 18 for Mac is $99.99 per year or $129.99 for a one-time perpetual license.
Students are eligible for a discounted price of $49.99 per year.
For power users, the Parallels Pro Edition is $119.99 per year and the Parallels Business Edition is $149.99 per year.
You can also download a free trial of Parallels 18 to test it for yourself.