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You are still protected by the law even after 12 months, that's just the length of the vendor's guarantee. The UK consumer law gives you up to six years to raise a complaint with the seller, depending on what the item is, price paid etc.
Linky:
http://www.direct.gov.uk/en/Governm...merrightswhenbuyinggoodsandservices/DG_194650
MP
Ths is actually excellent advice, my early 08 MBP failed after 18 months (no apple care, its a rip of when your covered by law for longer) and although i did have to wave the law under the apple store managers nose (sales of goods act 1974) i got the MBP logic board, which had fried itself due to the NVIDIA issue these suffered from, replaced free of charge.
Apple, and , to be fair, all other high street retailers, work on the assumption that most people dont know the laws protecting the rights and purchases beyond the 1yr warranty they put on the sales sticker, it is UNACCEPTABLE that a professional level piece of kit such as a Macbook PRO or MacPro suffer any kind of failure after a blink of an eye 18 months.
I would argue that it is reasonable to expect a hard disk to last at least 3 years, if not 5, as most manufactures of drives offer warranty periods in that range if you bought the drive stand alone,
I still believe apple products suffer more drive failures than PCs of a similar age due to the bad thermal management in apple products (imacs HDD location is thermally awful but was located there to keep the imac pleasing to the eye, rather than locating it in a bay at the edge that makes it easily replaced, or better yet, moving to laptop sized drives so they could be moved to an easily cooled and easily replaced edge bay), also the Time Capsule is awful as a backup device, the 1st gen ones failed in the hundreds at around 14 months due to the PSU frying itself, those that managed to soldier on had drive failures around 18 months, apples answer ,a firmware update that keeps the drive spun down as much as possible to minimise heat, as they cant undo the bad design of the device.
But if you iMacs drive has failed, kick up a fuss in the apple store, dont shout or be rude, just be polite, and explain that you expect a device you paid to last longer than this, and that it was obviously unfit for purpose it was purchased for and that you expect apple to make it right under the sales of goods act.