Steve Jobs will once again take to the stage tomorrow, Wednesday October 20th at the “Town Hall” on Apple’s Infinite Loop campus in Cupertino, California to unveil a new round of products and technology previews with his infamous headline-grabbing presentation style. What will be announced? Grapevine consensus appears to have a firm grasp of the big picture, but as to the details….
With a few notable exceptions (the small number of people working on certain projects within Mac OS X 10.7 “Lion,” internal code name ‘Barolo,’ force us to sit on details of those projects until after the Event when even if those projects aren’t mentioned during the Event, they will be known to a wider group within Infinite Loop and leaks can no longer be tied so easily to our sources), what we’ve been told by some of our oldest and most reliable contacts in Cupertino comports very closely with the grapevine’s consensus of what to expect tomorrow:
*Mac OS X 10.7 “Lion” as hinted by Apple’s logo for the Event:

….Lion is a collection of long-standing projects, many of them held back from the Leopard and Snow Leopard development cycles because they were too ambitious and too out of sync with Apple’s priorities at the time to make the cut for those releases. Read more
Apple’s A5 will continue to power iDevices into 2012-2013, exist alongside A6
Apple’s next generation of mobile iDevices will be powered principally by A5-class System-on-a-Chip (SoC) hardware, according to Rumors’ sources. The A6 will indeed be introduced next year, as has been long rumored, but may be exclusive to the family of next-generation AppleTV devices at first.
According to sources, the iPhone 5, iPod Touch 5 and iPad 3 will all be powered by a series of chips that, regardless of how they will be marketed by Apple, will be essentially unchanged from the A5 except for clock speed differences and a possible switch of suppliers (thusly, also possibly a switch in manufacturing processes but with little functional effect). Unless the iPad is split into two or more tiers as has been considered for the entire iOS device family more than once in the past and is expected to happen with the AppleTV’s next generation, the A6 is expected to be exclusive in its initial production run to the new AppleTV family. Read more