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The next major update of iOS, Apple's phone and tablet operating system, is likely to showcase a massive design overhaul led by Apple design guru Jony Ive.

The Department of Defense is expected in coming weeks to grant two separate, security approvals for Samsung's Galaxy smartphones, along with iPhones and iPads running Apple's latest operating system.

Shares of Apple Inc. hit their lowest levels in a year and half on Wednesday, after a supplier hinted at a slowdown in iPhone and iPad production. The stock was down $20.37, or 4.8 percent, at $405.87. Apple's shares hit $403.67 earlier, the lowest level since Dec. 2011. The decline means Apple has _for now_ lost its position as the world's most valuable publicly traded company to Exxon Mobil Corp.

Fortune reporter Philip Elmer-Dewitt compiles sell-side and independent analysts forecasts on Apple.  He has gathered 56 projections that have an average of 18.4 million iPads sold from the Street analysts and 17.7 million from the independent analysts.  The median for all of them is 18 million, which would be 53% growth from last year’s 11.8 million and down 21% from December’s quarter.

As Apple's engineers scramble to fix the security flaws exploited by evasi0n, the latest jailbreak tool to crack the restrictions on its iPhones and iPads, the company may be more than just one move behind the community of hackers targeting its products. In fact, the jailbreakers say they have plenty more bugs in their back pockets, already waiting to jailbreak the next iPhone.

... Yes, the words are the same, whether perceived on paper or on a small, illuminated screen. But the experience is not. One can read “One Hundred Years of Solitude” on a Kindle or an iPad, but one cannot see, hear, feel and smell the story in the same way. I’m unlikely to race to the sofa, there to nuzzle an electronic gizmo, with the same anticipation as with a book. Or to the hammock with the same relish I would with a new magazine. Somehow, napping with a gadget blinking notice of its dwindling power doesn’t hold the same appeal as falling asleep in the hammock with your paperback opened to where you dozed off.

Here's the scenario: You were the lucky recipient of a new Apple iPad this holiday season, and you're slightly overwhelmed by the 275,000 app choices (not including the thousands of universal apps that are compatible with iPhone, iPod, and iPad) in the iTunes Store.

A lot of good things happened in tech this year, including the debuts of the iPhone 5 and the Samsung Galaxy S III. But where there’s good, there’s bad. There were plenty of major tech fails this year.

It was too expensive. It lacked editorial focus. And for a digital publication, it was strangely cut off from the Internet. That's the obituary being written in real time through posts, tweets and online chats about The Daily, the first-of-its-kind iPad newspaper that is being shut down this month.

As you may have seen if you've visited Apple's (AAPL) online store today, the company is offering some modest discounts for Black Friday here and there, nothing huge. Macrumors's Arnold Kim has the lowdown on which things are cheaper.