Should I buy now or wait for iMac upgrade?

After the recent iMac price reduction, should I buy now or wait until the end of the year for a potential upgrade? Does anybody think there will be much of an upgrade? Retina Display?
I am looking at getting an upgraded 27" with i7, 16GB and 3TB Fusion.
Any thoughts would be appreciated. Thanks in advance.

General advice is if you don't need to buy then don't buy.  There is always something newer coming out in the next 12 months.  That said, also consider what you have now.  Sometimes newer models cut off older software or hardware and buying a new model may mean you have to buy all new software or some mission critical piece of hardware.  In a science lab where I worked they had old equipment for which there were no software upgrades for that model.  Buying too new a computer would have meant spending half a million dollars on related hardware upgrades dictated by the backward compatible software limitations of that $1500 computer.  They held off buying a new computer until they could afford new machinery.

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