Preview at WWDC likely in June, followed by September launch.
Apple Updates Java for Lion and Snow Leopard in Sync with Oracle
This update configures web browsers to not automatically run Java applets. Java applets may be re-enabled by clicking the region labeled "Inactive plug-in" on a web page. If no applets have been run for an extended period of time, the Java web plug-in will deactivate.As noted by Krebs on Security, the release is notable because it came on the same day that Oracle released updates for Java on other platforms. Apple has long been criticized for lagging on Java updates, a policy which allowed the Flashback malware to flourish as Mac systems remained unprotected against the threat even though Oracle had patched the vulnerability on other systems several months before.
The update Oracle released yesterday, Java 6 Update 33 and Java 7 Update 5, fixes at least 14 security flaws in the oft-attacked software that is installed on more than three billion devices worldwide. Apple’s Java update brings Java on the Mac to 1.6.0_33, and patches 11 of the 14 security vulnerabilities that Oracle fixed in Tuesday’s release. It’s unclear whether those other three flaws simply don’t exist in the Mac version of Java, but we’ll take progress where we can get it.With Java SE 7 set to come to the Mac later this year, control over updates is transitioning from Apple to the OpenJDK project, with both Apple and Oracle providing expertise to ensure that updates for Mac roll out on a timely basis. That transition was begun back in late 2010, with Steve Jobs noting at the time that having Apple responsible for Java updates on the Mac "may not be the best way to do it."