Apple is offering its newest black glass and aluminum iMac as a refurbished item at a discounted price. The company's reconditioned iMac 20-inch 2.4GHz Intel Core 2 Duo includes 1GB of memory, a 320GB hard drive, an 8x DVD±R DL/DVD±RW/CD-RW SuperDrive, an ATI Radeon HD 2600 Pro graphics card with 256MB of video memory, and a built-in iSight camera for $1,299 -- a 14 percent savings off the original price. All of Apple's refurbished offerings are guaranteed good-as-new and come with the same standard one-year warranty as any brand new product. Apple is also offering a refurbished previous-generation iMac 24-inch 2.16GHz Intel Core 2 Duo with 1GB of memory, a 250GB hard drive, an 8x DVD±R DL/DVD±RW/CD-RW SuperDrive, an NVIDIA GeForce 7300GT graphics card with 128MB of video memory, and a built-in iSight camera for $1,449.