Apple may be ready to introduce a new line of iMac computers with updated specs before the end of year. According to people "familiar with the matter" cited by AppleInsider, the revamped all-in-one desktops will feature a thinner industrial design with new enclosures and possibly even a Blu-ray drive option. The company has previously dismissed this technology calling its licensing process "a bag of hurt."

The updated models were finalized earlier this month and will reportedly remain dual-core -- current models feature Intel Core 2 Duo processors ranging from 2.66GHz to 3.06GHz. More affordable starting prices are also rumored make their way onto the scene and, based on previous updates from Apple, it's reasonable to expect increased hard drive capacities and perhaps newer graphics cards too. Whatever they have in store, an announcement is expected "anytime between next week and mid-October."