What's stopping apple using the intel 4000 in their 2012 iMac? People are speculating a 680m but I doubt it.
The Intel HD4000 comes bundled inside of the Ivy Bridge Core i updates. When the iMac is bumped it will likely get Ivy Bridge updates, which means HD4000 updates.
Apple most likely will not sell the machine with just HD4000 and no discrete GPU. At the price point the iMac sells at the machines come with desktop like GPUs performance (i.e., at least entry level PCI-e cards GPU).
The 680M is doubtful only because there aren't other options.
The 670M and 765M are just re-badged last years tech. Apple isn't likely to select re-treads. If they didn't pick them last year, what makes you think this year will be different? After that you fall all the back tothe same class as in the MBP. That's somewhat lame for a something that is plugged into a wall socket.
Apple will likely want some family of GPUs where they can offer "good, better, best" option of three. AMD's 7770M , 7850M , 7870M line up would offer three options and not bust out of the 45W TDP range. dropping the 7770M at the low and putting 7970M would still be lower than the 680M's TDP ( 100W ).
Apple hasn't rolled out Ivy Bridge because ....
1. Ivy Bridge was late. So ran into Mountain Lion rollout.
2. It simplifies things to just release it after Mountain Lion comes out.
3. Releasing too many models at once only increases the chances they will screw something up (e.g., the quirk with the Thunderbolt Ethernet connectors ).
4. laptops are more strategic (to Apple and frankly to the overall PC business ) than desktops so they went first.
There are other major PC vendors just releasing Ivy Bridge all-in-ones over the last several weeks. Apple isn't that particularly "late" by delaying until the end of July (or even early August). The world isn't going to end and their earnings aren't going to collapse.