Last week, women-oriented tech website GeekSugar claimed it had been tipped off on the upcoming release of upgraded iMacs. The new computers, sporting speedier processors and more storage space, were said to become available as soon as the following week. Well, rumor confirmed! The new iMacs are here.

The site claimed that refreshed models would also be priced similarly to the currently available iMac models. That too is true. However, Apple decided to hold back on that extra storage space and enhance the iMac's graphics with a high-performance NVIDIA GeForce 8800 GS graphics for the 24-inch aluminum iMac.

So, here's the full breakdown: Apple has updated its all-in-one iMac line with the latest Intel Core 2 Duo processors and the most powerful graphics ever available in an iMac. Prices start at $1,199 just like before. New iMacs includes faster processors with 6MB L2 cache and a faster 1066 MHz front-side bus across the entire line, and 2GB of memory standard in most models. The 24-inch iMac now offers a 3.06 GHz Intel processor and the high-performance NVIDIA GeForce 8800 GS graphics as options.

"The iMac's gorgeous aluminum and glass all-in-one design has been an incredible hit with our customers and is just one of the reasons Mac sales are growing three and a half times faster than PC sales," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing. "With the latest Intel processors, a faster new graphics option and more memory, customers now have even more reasons to love the iMac."

Intel's Core 2 Duo and Core 2 Extreme are based on the 45 nanometer Penryn architecture, which spells higher clock speeds and lower heat. Also, the new architecture adds new media instructions and increased Level 2 cache for processor instructions.