Apple has downplayed all the rumors that it is giving up on its iMac line. The tech giant even signified that it would unveil a refreshed desktop version soon. Yes, the iMac 2017 can be expected soon.

It's been a long time, two years to be exact, since Apple released a new iMac. During that time, there have been several speculations about the device online, including what the iMac 2017 would look like. 

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Apple desktop is expected to feature Intel's most recent Kaby Lake processor. AMD's particular processor, the new Ryzen 7, will reportedly also make its way to the iMacs.

The most recent rumor, however, is that the higher-end iMac will come with the Intel Xeon E3-1285 v6 processor. While the processor front has been juggling forward and backward between Intel and AMD, one thing is quite certain, and that is Apple's next desktop will have the most capable CPU accessible. The iMac 2017 is likely to come with 16GB of ECC RAM and a 2TB PCLe SSD.

According to MacRumors, Apple is searching for better graphics processors. The 21-inch iMac is expected to have locally available Iris or Iris Pro graphic cards. The higher-end 27-inch iMac will presumably come with the latest AMD GPU. The likelihood that the new Radeon graphic card with Polaris design will be used for the iMac is quite high. 

Apple has indicated that the new iMac will be released later in the year. However, the company has not provided a particular date when it would hit the market. According to Macworld, the iMac 2017 will likely hit the market in the third quarter of the year. The more powerful Xeon-powered iMac will probably be released sometime afterward.