(1). An expression used to imply that you have a lot of things you are working on right now (see juggling), often to indicate to someone that you are going to refuse whatever assignment you are about to be given.
“Sorry Ross, I don’t think I have time to help out on that, I have a lot of balls in the air right now….and no, that’s not what she said.”
(1). A way to say “we haven’t made any progress” without actually saying “we haven’t made any progress”.
“As to our penetration into the fast-moving app space, we continue to make strides in that arena. We’re looking for the coming fiscal year to be a major contributor to the growth cycle of that part of our business.”