Here are the latest Apple rumors from the blogosphere:

“If Apple releases a smaller iPad model with a 7.85-inch display, the less expensive device could eventually outsell the current 9.7-inch model, according to one analyst.” — “AppleInsider” (http://www.appleinsider.com)

“Apple is said to plan smaller iPad to compete with Google Nexus: Apple co-founder Steve Jobs was skeptical of a smaller iPad, but it might be necessary to compete with smaller tablets from Amazon, Microsoft and Google.” — “HeraldNet” (http://www.heraldnet.com/article/20120705/BIZ/707059979/1005)

“Apple could be on the verge of releasing a major update to iWork for OS X, perhaps even releasing iWork’12, in the coming weeks, particularly in the context of the impending iWork.com shutdown. The company recently issued a warning to users of the iWork.com beta site offering a reminder that the iWork.com Beta will be discontinued on July 31st 2012. The service is being shut down due to the fact that iCloud is now predominantly responsible for online storage and syncing iWork files across multiple devices. As a result, iWork for OS X devices is going to require two major changes in the coming weeks to ensure full integration with iCloud.” — “AppleBitch” (http://www.applebitch.com)

“An unverified report out of the Far East claims Apple is planning to make ‘small revisions’ to its third-generation iPad, such as an enlarged lens hole and changes to the battery to keep the device from overheating, later this year.” — “AppleInsider” (http://www.appleinsider.com)

“Apple’s next-generation iPhone will be powered by a quad-core ARM processor based on Samsung’s Exynos 4 architecture, according to a new report.” — “AppleInsider” (http://www.appleinsider.com)