New iMacs are now available but you can save big on refurbished models in Apple's online store. They start at $929 for a 21.5-inch iMac with a 3.06GHz Intel Core i3 processor, 4GB of RAM and a 500GB hard drive. Or for $949, after a $550 price cut, you could select a 21.5-inch iMac with a 3.06GHz Intel Core 2 Duo processor, 4GB of RAM and a 1TB hard drive.