I am having the same issue as those have mentioned above. My iMac was purchased 10/2011 and the logic board died early this month (1/2013). The computer is under 18 months old and Apple is refusing to repair it free-of-cost because the machine is just out of warranty. This is the second issue I've had with a computer logic board dying: my Mac laptop logic board died in 2006, again under 18 months old and required repair. There is obviously an issue with some of the logic boards being produced with Apple. I shouldn't have to feel like I have to purchase a warrantee when I purchase an item. Warrantees should be insurance against unforeseen problems that arise out normal age. As consumers, we've come to expect that computers will last a minimum of three years, at which point we're going to replace it with a newer operating system and faster CPU. It is a great concern that Apple products seem to be breaking down faster than industry norms.
It is unacceptable in my mind that Apple doesn't feel responsible to produce a peice of hardware that can last at minimum three years and to replace that peice of hardware when it doesn't make it this long. When I buy a computer, I expect it to last at least a few years without any major problems.
When I initially took the computer in, I was told that I would have to replace the power supply. I questioned why this would be an issue and was told that Hurrican Sandy created a lot of "dirty" energy that's causing hardware failures. I was dissapointed with this answer - since, as I told them, the computer was always plugged in to a surge protector - but I didn't want to expend time and energy arguing.
When the issue turned out to be the logic board and not the power supply, I stated that this shouldn't be happening and the response was that they agreed, but there was nothing they could do, referring to computer failures as if they were an ethereal, mystical force at work that no one has any control or understanding of. Computer issues happen because of bad hardware or mistreatment of that hardware. It's as simple as that. There are no computer gremlins causing my computer to fail. It sits on a desk all day and so any issues that are ocurring are due to bad hardware. It should be expected that hardware should last, not that it will fail and I have to purchase a warranty to cover it. If these logic board failures are going to happen as frequently as they appear to - based on everyone's response above - then the warranty that comes with the computer should be longer to begin with.
I have been a Mac user for many years, because I generally like the operating system. I have converted one office over to Macs and was going to try to convert another, but after this, I'm seriously considering moving to PC. It is no longer worth the extra money to pay for an Apple when the device can't make it even a third of the length of time that most HP computers last. I'm terribly dissapointed. There have always been problems with Macs, but in the past, customer service and the so-called "Geniuses" have dealt with this fairly and responsibly. Since Steve Job's passing, customer service has been dissapointing (rude, unhelpful), tech support has been incompetent (it takes them a long time and many tries to figure out the issue), poor quality control (hardware failures), and weak product rollout (Apple Maps for the iPhone 5).