According to the newest rumors coming from iLounge, the iPad 5 will look more like the iPad Mini design. Same screen size, but thinner, lighter, same edges and curves, and a smaller bezel. Rumor is that the iPad will also have LG's IGZO screen. There's also talk that Apple will be making a lower cost iPhone, mostly for the China market.
The big story though has been the slide of the Apple stock price. Leo says this comes from lower profit margins thanks to a considerable slide in Macintosh sales, which is also happening on the PC side. Leo says that's because people aren't buying computers like they used to because we live in a post PC era of tablets and smartphones as primary "computers".