Defense giant Lockheed Martin had a totally sweet quarter, raking in $700 million and looking forward to the same this time next year. So it raises eyebrows when Lockheed’s anointed mouthpieces predict mass economic disaster if Congress touches the defense budget.

On Tuesday, the aerospace industry put out a report saying that chopping the defense budget would put over a million Americans out of work. Cuts that could total up to a trillion dollars over 10 years would “devastate the economy and the defense industrial base and undermine the national security of our country,” said Marion Bla...

The 4G-capable Droid Bionic next to an iPhone 4. Photo: Jim Merithew/Wired.com

When the iPhone 4S spec sheet was officially revealed in early October, consumers were disappointed to learn that Apple’s newest iPhone doesn’t support 4G, or fourth-generation wireless data connectivity, as rumored. But now it looks like a 4G/LTE iPhone will arrive next year. According to sources that just spoke with DigiTimes, Apple will “join the LTE club” in 2012.

DigiTimes is notorious for floating unsubstantiated Apple rumors. Some come true; most don’t. But Forrester analyst Charles Golvin and Gartner analyst C...