Mountain Lion

John Gruber, with a massive scoop:

And then the reveal: Mac OS X — sorry, OS X — is going on an iOS-esque one-major-update-per-year development schedule. This year’s update is scheduled for release in the summer, and is ready now for a developer preview release. Its name is Mountain Lion.

This isn’t speculation, nor leaked insider information. This is from a one-on-one presentation given to him by Phil Schiller. Apple has put up its promotional pages and it looks fantastic. They haven’t gone to Helvetica system-wide yet, but it’s making its slow march across many of the apps.