Apple's online store currently has a varied selection of refurbished iMacs falling under $1,499. Priced at $979 is the 21.5-inch iMac with a 2.5GHz Intel quad-core i5 processor, 4GB of RAM and a 500GB hard drive. A $200 discount is offered on the refurbished 21.5-inch iMac with a 2.7GHz Intel quad-core i5 processor, 8GB of RAM, a 1TB hard drive and NVIDIA GeForce GT 640M.
