David Lowe one of the Technical Marketing guy in Microsoft reported couple of hours before via tweet that the latest build for Windows 7 is Build 7047.

It was confirmed by Sinofsky earlier that Microsoft is working on Windows 7 Build 7046-

"recently we’ve seen people talk about ‘RC Builds’ and the like. First, all builds since the beta are RC builds since by definition that is the next milestone. But by far the most humorous element has been that the build numbers blogged about are higher than our current build. Today’s build is 7046, but it hasn’t completed yet "

Thanx to Neowin for the heads up