When is the actual release date for mountain lion?

We need a new computer desperately. We have a desktop mac currently, about 5 1/2 years old and have done tons of updates and imovie is just way too slow and need a newer computer. It just says summer 2012. Is that the 1st part of the 2nd part... ugh....

Oh I see. Well the "rumor" sites are saying to wait but no one knows when equipment will be refreshed until Apple announces it.
It seems the iMac is overdue for a refresh - I would hold off until at least July if that is what you are looking for, based on the information in this unofficial source: http://buyersguide.macrumors.com/#iMac
I am in the same boat but other than minor processor updates there shouldn't be too much changing for the iMac if I had to guess.

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